I apologize if this posts twice. I just wanted to point out that the FDIC does not receive tax dollars. It is funded by the banks and thrifts that pay premiums in exchange for insurance coverage for their customers.
I apologize if this posts twice. I just wanted to point out that the FDIC does not receive tax dollars. It is funded by the banks and thrifts that pay premiums in exchange for insurance coverage for their customers.
Hi, the FDIC does not receive tax dollars. It is funded by the premiums paid by banks and thrifts for insurance coverage on deposits.