Definition of druidic in the Definitions.net dictionary. Meaning of druidic. What does druidic mean? Information and translations of druidic in the most comprehensive dictionary definitions resource on the web.
The Banking Act of 1933, which created the Federal Deposit Insurance Corporation, was signed by President Franklin Delano Roosevelt. Congress passed the Banking Act, which established the FDIC, in 1933.
The Banking Act of 1933 authorized the FDIC to pay depositors in insured banks that failed through a Deposit Insurance National Bank (âDINBâ) managed by the FDIC with funds contributed by the Treasury and the Federal Reserve. Through 1935 the DINB paid depositors directly until Congress expanded the FDICâs powers.