Federal Deposit Insurance Corporation (FDIC)
BankingDistrict of Columbia, United States5001-10000 Employees
The Federal Deposit Insurance Corporation (FDIC) functions as a U.S. banking safety agency that insures deposits in banks and thrift institutions for at least $250,000, helping to maintain public confidence in the financial system. It identifies, monitors, and addresses risks to the deposit insurance funds, and works to limit the economic impact when a bank or thrift institution fails. Its activities support stability across the broader banking system. Based in Washington, D.C., the FDIC is a large federal agency operating in the banking industry to safeguard depositors and maintain systemic stability. It employs thousands of staff to carry out supervision, resolution, and consumer protection duties. In 2026, the agency announced leadership appointments, including a new director for the Division of Depositor and Consumer Protection and a chief innovation officer.