1984 20c FDIC Maximum Card

20¢ Federal Deposit Insurance Corporation

Issue Date: January 12, 1984

City: Washington, DC

Created as a result of the Banking Act of 1933, the Federal Deposit Insurance Corporation (FDIC) attempted to renew confidence in Depression-era banks by insuring money deposited in these banks, up to $5,000 per account.  By 1984...  more

20¢ Federal Deposit Insurance Corporation

Issue Date: January 12, 1984

City: Washington, DC

Created as a result of the Banking Act of 1933, the Federal Deposit Insurance Corporation (FDIC) attempted to renew confidence in Depression-era banks by insuring money deposited in these banks, up to $5,000 per account.  By 1984, that figure has risen to $100,000 per account. U.S. #2071 commemorates the F.D.I.C.’s 50th anniversary.