We can change sunlight directly to electricity using solar cells. Every day, light hits your roof's solar panels with photons (particles of sunlight). The solar panel converts those photons into electrons of direct current (DC) electricity. The electrons flow out of the solar panel and into an inverter and other electrical safety devices.
Visit the exhibit. The FDIC was created in 1933 in response to the thousands of bank failures that occurred in the 1920s and early 1930s. As the FDIC celebrates its 75th anniversary, we present a historical perspective on the rich history of protecting consumers.
RateWatch Alerts. Contact. The Federal Deposit Insurance Corporation, insures deposits in savings and banking institutions. When depositing funds with an FDIC-insured institution, your deposits are covered up to $100,000. The FDIC was created during the financial chaos of the Great Depression.The stock market crash in October of 1929, and the subsequent crash in March of 1933, prompted the U.S. Government to create a federally-backed corporation that would provide stability and reassurance to the public.ontact. The Federal Deposit Insurance Corporation, insures deposits in savings and banking institutions. When depositing funds with an FDIC-insured institution, your deposits are covered up to $100,000.