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With the creation of the Federal Deposition Corporation member tanks of the Federal Reserve System were given the option to purchase FDIC Insurance for the

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With the creation of the Federal Deposition Corporation member tanks of the Federal Reserve System were given the option to purchase FDIC Insurance for the depositors, while one comme banks were read to buy member banks of the Federal Reserve System required to purchase Finance for air deposition whilenamente commercial banks could choose to buy deposit both men ber and non-member banks of the Federal Reserve Sy were required to purchase FDIC for the position both men bet and non-member banks of the Federal Reserve System could choose but were not to purchase FDIC Insurance for the depositors

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