Deposit Insurance

Deposit Insurance Profile and History

The Federal Deposit Insurance Corporation (FDIC) was created to maintain stability and public confidence in the nation's financial system by insuring deposits; examining and supervising financial institutions for safety and soundness and consumer protection; making large and complex financial institutions resolvable; and managing receiverships. The FDIC OIG is an independent office that conducts a udits, evaluations, investigations, and other reviews of FDIC programs and operations: To prevent, deter, and detect waste, fraud, abuse, and misconduct in FDIC programs and operations; and To promote economy, efficiency and effectiveness at the agency. VISION: Serving the American people as a recognized leader in the Inspector General community: driving change and making a difference by prompting and encouraging improvements and efficiencies at the FDIC, helping to preserve the integrity of the agency and the banking system, and to protect depositors and financial consumers.