Federal Deposit Insurance Corporation
| Federal Deposit Insurance Corporation link Powerbase Sourcewatch Website | |
|---|---|
 | |
| Headquarters | Washington D.C. |
| Leader | Federal Deposit Insurance Corporation/Chair |
| Staff | 8,713 |
The Federal Deposit Insurance Corporation (FDIC) supervises banks and insures deposits
As of May 1, 2017, the FDIC provided deposit insurance at 5,844 institutions.
Fraud
Chip Tatum and his wife were fined $115,000 for defrauding the FDIC. Their appeal was denied in 1998.[1]
References
- ↑ United States v. Tatum, United States Court of Appeals for the Eleventh Circuit, No. 96-3225, 1998 April 13, http://caselaw.findlaw.com/us-11th-circuit/1455258.html