What is FDIC and FDIC Insured? Easy Peasy Finance for Kids and Beginners

This video answers the basic question "What is FDIC (Federal Deposit Insurance Corporation)" in a simple, kid-friendly way. It also addresses the topics below:
- What is FDIC
- What does FDIC insured account mean
- Is there any limit to FDIC insurance
- Is this limit per person or per bank
- Is there any additional cost for FDIC insurance
- What is not covered by FDIC insurance

We hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!

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#Bank
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Credits:
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Music: http://www.freesfx.co.uk/, http://www.SoundBible.com