About the FDIC
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.
Learn MoreConsumers
The FDIC provides tools, education, and news updates to help consumers make informed decisions and protect their assets.
If you are in one of the millions of U.S. households without a bank account, and you are looking to open an account, there are resources available to help you get started. Banking relationships generally begin with a checking or savings account, and may lead to low-interest loans and mortgages. Learn more about the top reasons to open a bank account.
Consumer Resources
View moreBankers
The FDIC provides extensive resources for bankers, including guidance on regulations, information on examinations, legislation insights, and training programs.
The FDIC will conduct identical live seminars on FDIC deposit insurance coverage for bank employees and bank officers on September 15, 2020, October 21, 2020, November 2, 2020, and December 10, 2020.
Banker Resources
View moreAnalysts
The FDIC is proud to be a pre-eminent source of U.S. banking industry research for analysts, including quarterly banking profiles, working papers, and state banking performance data.
This article in the FDIC Quarterly focuses on contributions of community banks to the U.S. Small Business Administration's Paycheck Protection Program (PPP) and explores how factors such as community bank location, specialty, and size affected participation.
Analyst Resources
View moreJelena McWilliams
21st Chairman of the FDIC
Jelena McWilliams was sworn in as the 21st Chairman of the FDIC on June 5, 2018. Previously, Ms. McWilliams was executive vice president, chief legal officer, and corporate secretary for a regional bank; chief counsel on the U.S. Senate Banking, Housing and Urban Affairs Committee; assistant chief counsel on the U.S. Senate Committee on Small Business and Entrepreneurship; and an attorney at the Federal Reserve Board of Governors and in private practice. One of Chairman McWilliams' key initiatives at the FDIC is Trust through Transparency to make the FDIC more accessible, understandable, and responsive.
FDIC Chairman State Visits
As part of her Trust through Transparency initiative, Chairman McWilliams is meeting with stakeholders in every state. In her first 18 months as Chairman, she visited bankers, state officials, community groups and other stakeholders in 30 states. Since the pandemic, Chairman McWilliams has continued state visits virtually. Click on states in the map below to follow her travels.