sadgirlkk1781 sadgirlkk1781

29-04-2020
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Which is the government agency that covers customer deposits if a bank fails?
the central bank
the member bank
the Federal Deposit Insurance Corporation (FDIC)
the Federal Reserve System

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maryashmore15 maryashmore15

29-04-2020

Answer:

FDIC

Explanation:

The FDIC is the one that covers if a bank fails

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sierramartinez77 sierramartinez77

11-01-2022

Answer:

FDIC

Explanation:

FDIC covers if a bank fails because they are the next higher-up.

100% on Gradpoint

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