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Boundless Business
The Functions of Money and Banking
Business Textbooks Boundless Business The Functions of Money and Banking
Business Textbooks Boundless Business
Business Textbooks
Business

Section 6

Protection of Funds

Book Version 6
By Boundless
Boundless Business
Business
by Boundless
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3 concepts
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The Federal Deposit Insurance Corporation (FDIC)

The Federal Deposit Insurance Corporation is an independent agency whose mandate is to maintain stability and public confidence in financial system.

The National Credit Union Administration (NCUA)

The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter, and supervise federal credit unions.

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The Savings Association Insurance Fund (SAIF)

Between 1989 and 2006, there were two separate FDIC funds–Bank Insurance Fund (BIF), and Savings Association Insurance Fund (SAIF).

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