The FDIC discourages bank failure by insuring commercial bank deposits.

Name: The FDIC discourages bank failure by insuring commercial bank deposits.
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This is true. The FDIC (Federal Deposit Insurance Corporation) insures deposits at commercial banks up to a certain amount ($250,000 per depositor, per account ownership category) to protect consumers in the event of bank failure. This helps to maintain confidence in the banking system and discourage bank runs.

The FDIC Discourages Bank Failure by Insuring Commercial Bank Deposits