https://www.fdic.gov/90years/?source=govdelivery&utm_medium=email&utm_source=govdeliveryI think this may the first publication from the FDIC that I actually enjoyed reading.
For example, the first FDIC insurance claim payments were on July 5, 1934 to the depositors of the Fon Du Lack State bank in East Peoria, IL and Lydia Lobsiger is the first depositor to receive a FDIC payment which restored her life saving of $1,250.
In 1950 President Truman signed the Federal Deposit Insurance Act of 1950 which increased the FDIC’s basic deposit insurance to $10,000. The initial coverage in January 1934 was $2,500 and in June 1934 it was increased to $5,000.
It even has the recorded transcript from FDR where he addresses the “Bank Holiday” where all banks were ordered to be closed for one week in March 1933.
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