Body found in Allegheny River near Clemente Bridge. Witnesses speak to Pittsburgh River Rescue after a body was found in the Allegheny River around 7:50 a.m. near the Roberto Clemente Bridge, on Tuesday, Sept. 30, 2014.
The question says, 'the primary purpose of federal deposit insurance corporation is ..... The correct option is D. Federal Deposit Insurance Corporation was established in 1933 to provide stability to the economy and the failing bank system. It guarantee a specific amount of savings for its member banks.
This cash becomes an asset of the bank; the account becomes a liability. In the United States, the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance that guarantees the deposits of member banks up to $250,000 per depositor, per bank.