All deposits at Peoples First were insured (generally 250K) by the Federal Deposit Insurance Corporation-a beneficial goverment program.
Prior to FDIC insurance those same deposits would have been unavailable and probably gone for good. Check out It's a Wonderful Life. It is Christmas time and you can get a glimpse of life without federally insuraed bank deposits.
Merry Christmas Everyone!
Prior to FDIC insurance those same deposits would have been unavailable and probably gone for good. Check out It's a Wonderful Life. It is Christmas time and you can get a glimpse of life without federally insuraed bank deposits.
Merry Christmas Everyone!