Established in 1933, Federal Deposit Insurance Corp. (FDIC) insures deposits in banks and thrift institutions in the United States. It is an agency of the federal government that supervises more than 4,900 banks and savings banks for operational safety and soundness. The organization provides analysis on the banking industry and economic trends. Federal Deposit Insurance Corp. conducts its operations through six regional offices and in field offices throughout the United States. The organization primarily regulates banks chartered by the states.