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Gala2k [10]
3 years ago
5

Why is a bank a safe place to put money? The government holds banks accountable for lost funds. The Federal Deposit Insurance Co

rporation (FDIC) insures depositors' money. Investments from shareholders ensure that banks remain financially sound. Banks are backed by the "full faith and credit" of the Federal Reserve.
Business
1 answer:
Margaret [11]3 years ago
8 0
It's the FDIC.  
I hope this helps.
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