What was the main purpose of the FDIC?

Related questions

1. Can the FDIC run out of money?
2. Is money safe in bank?
3. How long does FDIC have to pay you back?
4. How much money can you keep in the bank?
5. Is it illegal to keep money in a safe deposit box?
6. How much money do banks protect?
7. What banks do millionaires use?
8. Is FDIC Safe?
9. Can you keep a million dollars in the bank?
10. Does FDIC insurance cover each account?

Tags

1. #program
2. #specific
3. #after
4. #purpose
5. #insurance
6. #provide
7. #system
8. #banks
9. #deposit
10. #member
11. #glass
12. #stability
13. #deposits
14. #banking
15. #enacted
16. #savings
17. #modeled
18. #economy
19. #massachusetts
20. #officially
21. #steagall
22. #failing
23. #amount
24. #guaranteed
25. #created
26. #initially
27. #checking