Why can't anyone start a new bank?

What is a secondary way through which banks earn money?

What does the term "Netting" mean?

What is meant by the term "Amortization"?

What is the current maximum limit that the FDIC will insure any one person at a bank for?

Checking all bank account papers to make sure that the bank records and your records agree is known as:

When was the FDIC established?

What is meant by the term "Clearing House"?

What is an example of 'restrictive endorsement'?

What amount would a customer be insured for if they made deposits to their accounts at three different locations of their bank?

What amount would a customer be covered for by the FDIC if he/she had $250,000 in savings at Bank XYZ, and also $50,000 in a retirement account with the same bank?