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AmeriServ Presents: Bank Chats - Financial Safety Net: Understanding FDIC Insurance (2 Cents Episode 6)

Financial Safety Net: Understanding FDIC Insurance (2 Cents Episode 6)

AmeriServ Presents: Bank Chats

04/02/24 • 16 min

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With a new regulation announced surrounding the FDIC logo, Drew and Jeff decided that it may be a good idea to chat about the Federal Deposit Insurance Corporation (FDIC). We often see the letters FDIC at banks, but what do those letters represent? Find out in this episode of 2 Cents.
(Article) Is the Money in My Account Safe?:
https://www.ameriserv.com/resources/learn/financial-library/master-articles/is-the-money-in-my-account-safe
AmeriServ's Website:
https://www.ameriserv.com/
Credits:
An AmeriServ Financial, Inc. Production
Music by Rattlesnake and Millo
Hosted by Drew Thomas and Jeffrey Matevish

Thanks for listening! You can find out more about AmeriServ by visiting ameriserv.com. You can also find us on Facebook, Instagram, and Twitter.
DISCLAIMER
This podcast focuses on having valuable conversations on various topics related to banking and financial health. The podcast is grounded in having open conversations with professionals and experts, with the goal of helping to take some of the mystery out of financial and related topics; as learning about financial products and services can help you make more informed financial decisions. Please keep in mind that the information contained within this podcast, and any resources available for download from our website or other resources relating to Bank Chats is not intended, and should not be understood or interpreted to be, financial advice. The host, guests, and production staff of Bank Chats expressly recommend that you seek advice from a trusted financial professional before making financial decisions. The host of Bank Chats is not an attorney, accountant, or financial advisor, and the program is simply intended as one source of information. The podcast is not a substitute for a financial professional who is aware of the facts and circumstances of your individual situation. AmeriServ Presents: Bank Chats is produced and distributed by AmeriServ Financial, Incorporated.

04/02/24 • 16 min

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AmeriServ Presents: Bank Chats - Financial Safety Net: Understanding FDIC Insurance (2 Cents Episode 6)

Transcript

Drew Thomas 0:12

Okay, so welcome to yet another episode of AmeriServ Presents: Bank Chats. I am Drew Thomas, this is a 2 Cents episode, and therefore, I have the omittable Jeff Matevish. Hey, Drew. Yeah. So, so what are we talking today?

Jeff Matevish 0:26

We are talking FDIC.

Drew Thomas 0:29

FDIC. Okay. So what's the FDIC?

Jeff Matevish 0:32

That is the Federal Deposit Insurance Corporation.

Drew Thomas 0:34

Indeed. And why are

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