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.
Understanding Deposit Insurance. The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC was established in 1933, no depositor has lost a penny of FDIC-insured funds. FDIC insurance covers all deposit accounts, including: