Resource Bank Contents. click image for close-up. The first and most identifiable image of the 18th century abolitionist movement was a kneeling African man. Members of the Society of Friends, informally known as Quakers, were among the earliest leaders of the abolitionist movement in Britain and the Americas.
FDIC insurance protects you from losses if your bank goes belly-up (assuming your money is in an FDIC-insured bank, and your savings are below the maximum limits). You might think of the bank as a very safe place for your money â and that is true â but banks lend your money out and invest it to earn money.
The FDIC insures deposits only. It does not insure securities, mutual funds or similar types of investments that banks and thrift institutions may offer. (Deposit Insurance: What's Covered distinguishes between what is and is not protected by FDIC insurance.). The FDIC directly examines and supervises more than 4,500 banks and savings banks for operational safety and soundness, more than half of the institutions in the banking system.