What we typically call “a bank” is technically a commercial bank and insured by the FDIC. So what’s the FDIC, you ask? And what kind of banks aren’t covered? Watch and learn!
————————————————————————————————————
Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8
Dictionary of Economics: http://bit.ly/2BzJZcy
Ask a question about the video: http://bit.ly/2klcaER
Help translate this video: http://bit.ly/2yYB9SR