1. What does the term "bank failure" mean? What role does FDIC insurance play?

1. The term bank failure means exactly what it is saying. It is when a bank fails to meet the demands and needs of its depositors so therefore it gets shutdown. FDIC role is to protect, maintain stability, and provide well rounded confidence in the nations financial system in order to meet the needs of customers.

2. There have been 0 bank failures in the United states during the current year according to FDIC failed bank list.

3. There were 4 total bank failures in 2020

4. There were 0 bank failures in 2018

5. There were 8 bank failures in 2017.

6. 214.1 million in assets and 195.2 million in depositors

7. There were 75 banks failed in 1937.

8. By monitoring the banks performance and putting in mitigations by assuring they are following their regulations to be safe and sound.

9.I learned that bank failures seemed to be more common in the early to mid 1900s rather than in the 2000s. I believe this may be the case because we didn't have a ton of knowledge and information that we do now in order to keep banks operating in a safe and sound manner. Also Learned that FDIC is there to help protect depositorsin case of a bank failure it helps assure clients of safe placement and or withdrawals.

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