FDIC launches ‘transparency’ section on its public website

CREATED IN 1933 to restore public trust in the U.S. banking system, the Federal Deposit Insurance Corp. recently launched a new section on its public website that offers additional data on the banking industry, as well as the agency itself, as part of its initiative to be more transparent.
PROVIDENCE – Under the so-called “Trust through Transparency” initiative, the Federal Deposit Insurance Corp. has launched a new section on its public website that provides new performance metrics on the banking industry. “In my view,” FDIC Chairman Jelena McWilliams said recently when announcing the initiative, “the best way to maintain a trusting relationship is to…
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