Federal Deposit Insurance Corp

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4200 Corporate Dr Ste 106
West Des Moines, IA 50266
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,657 banks and savings associations, and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars insured financial institutions fund its operations. The Federal Deposit Insurance Corporation (FDIC) announced the appointment of Bret Edwards as the Director of the Division of Resolutions and Receiverships (DRR).
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