Bank-backing grp.

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FDIC.

Last seen on: NY Times Crossword 16 Aug 20, Sunday

Random information on the term “FDIC”:

Jelena McWilliams (née Obrenic; born July 29, 1973) is Chairwoman of the Federal Deposit Insurance Corporation. She was nominated to the position and to the FDIC Board of Directors by President Donald J. Trump, and the Senate confirmed her appointment on May 24, 2018. She was sworn in as Chairwoman on June 5, 2018. Previously, McWilliams was executive vice president and chief legal officer of Fifth Third Bank in Cincinnati, Ohio.

Born Jelena Obrenic in Belgrade, Serbia in the former Yugoslavia, McWilliams traveled to the United States at age 18 as part of a high-school exchange program. She attended the University of California at Berkeley for college. She funded her education by working a series of minimum-wage jobs. She wrote her thesis on the war in her native Yugoslavia. McWilliams graduated with highest honors with a Bachelor of Science in political science and went on to earn her law degree from the UC Berkeley School of Law.

FDIC on Wikipedia