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jan 1, 1933 - Bank Deposit Safety

Description:

*Expressed in the Omaha Platform under #5

In 1933 the Feral Deposit Insurance Corporation (FDIC) was founded, eventually promising to protect up to 250 thousand dollars of money deposited into U.S. Banks.

Added to timeline:

Date:

jan 1, 1933
Now
~ 92 years ago