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 and its reserves are not funded by public funds; member banks' insurance dues are the FDIC's primary source of funding. The FDIC also has a US$100 billion line of credit with the United States Department of the Treasury. Only banks are insured by the FDIC; credit unions are insured up to the same insurance limit by the National Credit Union Administration, which is also a government agency. As of August 27, 2014, the FDIC insured deposits at 6,638 institutions.