In the 2008 credit crisis,the FDIC increased the limit on insured deposits from

Name: In the 2008 credit crisis,the FDIC increased the limit on insured deposits from
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During the 2008 credit crisis, the FDIC increased the limit on insured deposits from $100,000 to $250,000. This was done in an effort to protect consumers and increase confidence in the banking system. The increase was temporary and was later made permanent through the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010.

In the 2008 Credit Crisis,the FDIC Increased the Limit on Insured