You Hold an FDIC Insured Savings Account at Your Neighborhood

question 96

Multiple Choice

You hold an FDIC insured savings account at your neighborhood bank. Your current balance is $275,000. If the bank fails you will receive:

• A) $275,000.
• B) $250,000.
• C) $100,000.
• D) $125,000.

---

Definitions:

Fact Finding

The process of gathering relevant information and evidence to ascertain truths or facts.

Obstructing An Investigation

Intentionally hindering the progress of an official examination or inquiry.

Pay Equity

Refers to the principle of equal pay for work of equal value, aimed at eliminating gender and other discriminatory wage differentials.

Female And Male Employees

Refers to the gender diversity in the workforce, recognizing the contributions and needs of both women and men in the workplace.