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FAQs
How do I get in touch with the FDIC? ›
If you have a question or need banking related assistance, you can contact the FDIC at 1-877-ASKFDIC (1-877-275-3342) or visit FDIC.gov.
How to ask FDIC a question? ›The Federal Deposit Insurance Corporation (FDIC), through its Consumer Affairs Program, can answer many of your questions. Call toll-free at 1-877-ASK-FDIC (1-877-275-3342) from 8 a.m. until 6 p.m. Eastern Time, Monday through Friday. For Deaf or Hard of Hearing call 1-800-925-4618.
How to make a complaint to FDIC? ›Submit your complaint: To initiate the process, you must submit a complaint with the necessary details. You will receive email updates about your complaint and can check its status online. For details, visit the DFPI File a Complaint webpage or contact us at Ask.DFPI@dfpi.ca.gov or call toll-free at (866) 275-2677.
How do I submit a claim to the FDIC? ›SUBMITTING YOUR CLAIM
Electronically file your claim via the internet by completing an online Proof of Claim form and attaching supporting documentation. Submitting your claim via the FDIC website is convenient, secure, and inexpensive, and will also help to expedite the handling of your claim.
FDIC is an independent agency of the United States Government that protects you against the loss of your insured deposits if an insured bank fails.
How long does a bank have to respond to an FDIC complaint? ›Respond within 14 days or less. Respond to correspondence within 10 business days. Respond within 60 days following review and investigation with financial institution.
What is the FDIC National Center for consumer and deposit Assistance? ›The FDIC National Center for Consumer and Depositor Assistance is responsible for investigating all types of consumer complaints about FDIC-supervised institutions and responding to consumer inquiries about consumer laws and regulations. You may call and speak to a Consumer Affairs Specialist about your concerns.
Does FDIC insure my money? ›The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Deposits held in different ownership categories are separately insured, up to at least $250,000, even if held at the same bank.
Who holds banks accountable? ›The Federal Reserve directly supervises state-chartered banks that choose to become members as well as foreign banking offices and Edge Act corporations. The Federal Reserve is also the primary supervisor and regulator of bank holding companies and financial holding companies.
Where is the FDIC headquarters located? ›What does the FDIC investigate? ›
Crimes include bank fraud, money laundering, embezzlement, cybercrime, and currency manipulation. The FDIC OIG has broad jurisdiction to investigate crimes involving FDIC-regulated and insured banks and FDIC activities.
Who governs the FDIC? ›The Board of Directors of the FDIC manages operations to fulfill the agency's mission. Each member of the five-person Board is appointed by the President and confirmed by the Senate.
When should I contact the FDIC? ›The FDIC OIG maintains a Hotline through which individuals may report suspected fraud, waste, abuse, or mismanagement within FDIC programs, activities, contractor operations, or FDIC-regulated, and FDIC-insured financial institutions.
How long does FDIC take to pay you back? ›The truth is that federal law requires the FDIC to pay the insured deposits “as soon as possible” after an insured bank fails. Historically, the FDIC pays insured deposits within a few days after a bank closes, usually the next business day.
How do I get my money from FDIC? ›In the unlikely event of a bank failure, the FDIC will pay depositors back by transferring their funds to another insured bank or issuing a check. It's always best to stay within the insurance limits to ensure quick and easy access to insured funds.
How do I make sure my money is FDIC-insured? ›Coverage is automatic whenever a deposit account is opened at an FDIC-insured bank. If you want your funds insured by the FDIC, simply place your funds in a deposit account at an FDIC-insured bank and make sure that your deposit does not exceed the insurance limit for that ownership category.
Does FDIC cover all your money? ›If your federally insured bank fails, Federal Deposit Insurance Corp. insurance keeps your money safe. The FDIC insures up to $250,000 per depositor, per institution and per ownership category. FDIC insurance covers deposit accounts and other official items such as cashier's checks and money orders.
How long does it take to get money back from the FDIC? ›The truth is that federal law requires the FDIC to pay the insured deposits “as soon as possible” after an insured bank fails. Historically, the FDIC pays insured deposits within a few days after a bank closes, usually the next business day.