Federal Deposit Insurance Corporation

What Federal Deposit Insurance Corporation does

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the U.S. federal government created by Congress in 1933 during the Great Depression to maintain stability and public confidence in the U.S. banking system. It insures deposits up to $250,000 per depositor per insured bank, examines and supervises approximately 4,278 FDIC-insured depository institutions for safety, soundness, and consumer protection, and manages the orderly resolution of failed institutions — most recently Metropolitan Capital Bank & Trust in January 2026, whose failure cost the Deposit Insurance Fund approximately $19.7 million. The agency operates through a Washington, D.C. headquarters and six regional offices (Atlanta, Chicago, Dallas, Kansas City, New York, San Francisco).

Its core technology stack includes the Electronic Deposit Insurance Estimator (EDIE), the Secure Email Message Center with multifactor authentication, the Bank Applications Portal for charter and deposit insurance filings, and the FDIC Information and Support Center. Consumer-facing products include Money Smart (financial education curriculum since 2001), GetBanked (public awareness campaign launched during COVID-19 for unbanked households), FDIC Consumer News (monthly newsletter), and the Quarterly Banking Profile industry research series.

The agency is funded by deposit insurance assessments on insured banks (risk-weighted by institution profile), supplemented by examination and supervision fees for services beyond basic insurance — not through congressional appropriations. The Deposit Insurance Fund held a balance of $150.1 billion as of Q3 2025 with a 1.40% reserve ratio, rising to 1.43% by Q1 2026, both above the 1.35% statutory minimum. Under Chair Travis Hill (confirmed by the Senate in December 2025), the agency is expanding into payment stablecoin regulation under the GENIUS Act, coordinating with FinCEN, OCC, Federal Reserve, NCUA, Treasury, and FCC on joint rulemakings, while executing 20% staff reductions in 2025 with further cuts planned for 2026.

Name

Federal Deposit Insurance Corporation

Legal name

Federal Deposit Insurance Corporation

Website

https://fdic.gov

Company type

Private

Founded year

1933

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The Federal Deposit Insurance Corporation (FDIC) is a U.S. federal independent agency that insures bank deposits up to $250,000 per depositor, supervises approximately 4,278 insured institutions, and manages the resolution of failed banks. It serves U.S. consumers, depositors, and insured depository institutions, funded by bank assessments rather than congressional appropriations.

Ownership category

akta.pro rank

Product category

Deposit Insurance and Bank Supervision

NAICS

Monetary Authorities-Central Bank (52111), Monetary Authorities-Central Bank (521)

SIC

Functions Related To Depository Banking, Nec (6099), Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Fund Custody & Transfer Agency Services (FSACAHAG)

Keywords

• Deposit insurance
• Bank supervision
• Financial regulation
• Bank resolution
• Consumer banking education

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Revenue model

1. Deposit Insurance Assessments: The FDIC collects deposit insurance assessments from insured depository institutions to fund the Deposit Insurance Fund (DIF). These assessments are based on the risk profile and deposit base of each institution, with higher-risk institutions paying higher rates.
2. Examination and Supervision Fees: The FDIC generates revenue through fees for examining and supervising financial institutions, particularly for services beyond basic deposit insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The Federal Deposit Insurance Corporation (FDIC) is a U.S. federal independent agency that insures depositors at member banks up to $250,000 per depositor per insured bank, examines and supervises approximately 4,278 FDIC-insured depository institutions for safety and soundness, manages the orderly resolution and receivership of failed financial institutions, and delivers consumer financial education programs.

Product overview

The Federal Deposit Insurance Corporation operates as a federal regulatory agency providing deposit insurance, bank supervision, and consumer financial education. Its consumer-facing products include the GetBanked campaign for unbanked households, the Money Smart financial education program, the Electronic Deposit Insurance Estimator (EDIE) online calculator, and the FDIC Consumer News monthly newsletter. Regulatory services include the Bank Applications Portal for charter applications and the FDIC Information and Support Center for consumer inquiries. Internal secure communications are handled through the FDIC Secure Email Message Center.

Differentiator

Problem solved

Functional benefit

Products and services

• GetBanked Campaign Public awareness initiative that helps unbanked households open bank accounts by providing guidance on selecting accounts, understanding FDIC insurance, and identifying banks that meet their needs.
• Money Smart Financial Education Program Comprehensive financial education curriculum with games, training materials, and instructional content designed to help people of all ages enhance their financial skills and create positive banking relationships.
• Electronic Deposit Insurance Estimator (EDIE) Online calculator tool that helps consumers determine how much of their bank deposits are covered by FDIC insurance and identify any amounts exceeding coverage limits.
• FDIC Consumer News Monthly newsletter providing practical guidance on banking topics including deposit insurance, credit cards, cybersecurity, fraud prevention, and financial planning for consumers.
• Quarterly Banking Profile Quarterly statistical and analytical report on the U.S. banking industry covering return on assets, loan growth, problem bank counts, and Deposit Insurance Fund metrics.
• Bank Applications Portal Online regulatory portal providing statutes, regulations, guidance, and forms for de novo bank organization, deposit insurance applications, merger decisions, and change in control filings.
• FDIC Information and Support Center Online consumer support system for submitting deposit insurance coverage inquiries, complaints against FDIC-insured institutions, and general questions to the FDIC.
• FDIC Secure Email Message Center Encrypted email communication system with multifactor authentication for exchanging confidential and sensitive information between the FDIC and external parties.
• Deposit Insurance Coverage Automatic deposit insurance coverage of up to $250,000 per depositor, per insured bank, provided at no direct cost to depositors at FDIC-insured institutions.
• Bank Examination and Supervision Examination and supervision of approximately 4,278 insured depository institutions to ensure safety, soundness, and consumer protection compliance.
• Failed Bank Resolution and Receivership Management of failed insured depository institutions as receiver, including asset disposition, depositor payouts up to insurance limits, and orderly resolution to minimize systemic disruption.

Quantifiable outcome

• Deposit insurance coverage of $250,000 per depositor, per insured bank, automatically provided at no direct cost to depositors
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core.

• Financial Crimes Enforcement Network (FinCEN)coreTechnology or Integration · 18 June 2026The FDIC participates in joint regulatory efforts with FinCEN to implement Bank Secrecy Act requirements, including joint proposed rulemakings on customer identification programs for stablecoin issuers under the GENIUS Act. The agencies coordinate on AML/CFT program requirements and supervisory enforcement.
• Office of the Comptroller of the Currency (OCC)coreTechnology or Integration · 18 June 2026The FDIC and OCC jointly issue regulatory proposals, examination guidance, and supervisory standards for banks and stablecoin issuers. Both agencies issued competing frameworks for stablecoin regulation under the GENIUS Act.
• Federal Reserve BoardcoreTechnology or Integration · 18 June 2026The FDIC coordinates with the Federal Reserve on monetary policy implications, bank supervision, capital requirements, and implementation of financial regulations including the GENIUS Act and Basel III capital standards.
• National Credit Union Administration (NCUA)coreTechnology or Integration · 18 June 2026The FDIC and NCUA jointly issue proposed rules for credit union supervision and participate in coordinated regulatory efforts for AML/CFT programs and stablecoin issuer requirements.
• Federal Communications Commission (FCC)coreTechnology or Integration · 5 May 2026The FDIC, along with the Federal Reserve and U.S. Treasury Department, is forming a public-private roundtable with the FCC to address payment fraud, coordinate on data-sharing practices, and develop cross-sector solutions involving banks, social media, and telecommunications companies.
• U.S. Treasury DepartmentcoreTechnology or Integration · 5 May 2026The FDIC collaborates with Treasury on payment fraud prevention, financial stability oversight, and implementation of executive orders related to financial technology innovation and banking regulation.
• Bank of England and UK FCAcoreTechnology or Integration · 25 February 2026The FDIC participates in the U.S.-UK Financial Regulatory Working Group with the Bank of England and FCA to discuss bilateral regulatory cooperation, digital asset collaboration, AI in financial services, and payments modernization.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• National Credit Union Administration (NCUA): Federal agency that operates the National Credit Union Share Insurance Fund, the credit union counterpart to FDIC deposit insurance. Most direct functional peer with shared deposit insurance, supervision, and resolution mandates across the depository institution ecosystem.
• Securities Investor Protection Corporation (SIPC): Nonprofit created by Congress to provide investor protection insurance (up to $500,000) for customers of failed brokerage firms. Operates a structurally analogous insurance-and-resolution function for the securities industry that the FDIC performs for depository institutions.

Broad incumbents

• Office of the Comptroller of the Currency (OCC): Federal regulator that charters and supervises national banks. Co-issues interagency guidance with the FDIC on bank supervision, capital requirements, stablecoin regulation, and AML/CFT, making it the FDIC's closest supervisory counterpart in the US regulatory architecture.
• Federal Reserve Board: US central bank that also functions as a federal bank supervisor and resolution authority for large institutions. Coordinates with the FDIC on Basel III, supervision, resolution planning, and joint rulemakings under the GENIUS Act.

Others

• Consumer Financial Protection Bureau (CFPB): Federal agency responsible for consumer financial protection. Shares consumer education and complaint-handling functions with the FDIC and co-supervises depository institutions on consumer compliance matters.
• European Central Bank (ECB): Central bank for the eurozone with supervisory authority through the Single Supervisory Mechanism. Comparable in scale and combined monetary/supervisory mandate to the Federal Reserve-FDIC dual structure in the US.
• Federal Housing Finance Agency (FHFA): Federal regulator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Operates as a federal financial regulator with insurance/conservation mandate similar in structure to the FDIC's role over the DIF.
• International Association of Deposit Insurers (IADI): International standard-setting body for deposit insurance systems, hosted at the Bank for International Settlements. FDIC is a member and the de facto global reference model for deposit insurance frameworks used by national schemes worldwide.

Regional players

• Bank of England: UK central bank with combined monetary policy, prudential supervision, and resolution authority. Participates with FDIC in the US-UK Financial Regulatory Working Group on digital assets, payments modernization, and AI in financial services.
• Office of the Superintendent of Financial Institutions (OSFI): Canadian federal prudential supervisor of banks, insurance companies, and trust/loan companies. Functions as Canada's integrated bank regulator, comparable to the combination of OCC and FDIC roles in the US.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/FDICgov
• YouTubeyoutube.com/user/FDICchannel
• Facebookfacebook.com/FDICgov
• LinkedInlinkedin.com/company/fdic
• Instagraminstagram.com/fdicgov

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Federal Deposit Insurance Corporation