FDIC definition

FDIC. The Federal Deposit Insurance Corporation, or any successor thereto.
FDIC means the Federal Deposit Insurance Corporation, and its successors.

Examples of FDIC in a sentence

  • The FDIC has published a guide and an addendum to its guide, explaining the requirements for following this process, including the type of information you, the account holder, must keep regarding the beneficial owners of funds, as well as the format and process you must follow for submitting those records to the FDIC in the event of a bank failure.

  • In the event of a bank failure, you agree to cooperate fully with us, Bank, and the FDIC in determining the insured status of funds in your account.

  • Contract guarantees are supported by the general account of Nationwide and are not insured by the FDIC, NCUSIF or any other agency of the Federal government.

  • For further information about deposit insurance generally, you may write to the FDIC at 000 00xx Xxxxxx, X.X., Xxxxxxxxxx X.X. 00000, telephone the FDIC’s toll-free hotline at 0-(000) 000-0000, or visit its website at xxxxx://xxx.xxxx.xxx.

  • You understand and agree that if you do not provide necessary timely information to the FDIC, it could result in delay of receipt of your insured funds and also result in legal claims against you from any beneficial owners of funds in your account.


More Definitions of FDIC

FDIC means the Federal Deposit Insurance Corporation, or any successor thereto.
FDIC means the Federal Deposit Insurance Corporation, and any Governmental Authority succeeding to any of its principal functions.
FDIC. The Federal Deposit Insurance Corporation, or any successor thereto. FHA: The Federal Housing Administration, or any successor thereto.
FDIC. The Federal Deposit Insurance Corporation, or any successor thereto. Fitch: Fitch, Inc., or any successor in interest.
FDIC shall have the meaning set forth in Section 3.10(b).
FDIC. The Federal Deposit Insurance Corporation, or any successor thereto. Fidelity Bond: A fidelity bond to be maintained by the Servicer pursuant to Section 4.12.
FDIC. Xxx Fxxxral Deposit Insurance Corporation, or any successor thereto.