Money, Banking, and the Federal Reserve - End of Chapter Problem The Federal Deposit Insurance Corporation (FDIC) insures individual bank accounts up to $250,000 per account. Which of the following statements regarding FDIC insurance is true? FDIC insurance eliminates the need for reserve requirements because banks are not liable for any depositor losses. cannot prevent bank runs because the FCID offers no assistance to banks that cannot meet depositors' demands. has prevented bank runs because the FDIC pays depositors interest at the discount rate on their accounts. O works in coordination with reserve requirements to ensure depositor confidence, preventing bank runs