To endorse the check, you'll just have to flip it over and sign the line with the x to the left of it. This line will be found at the top of the check, and you'll sign it sideways. Do this right before you go to the ATM or the bank, so that your check cannot be cashed if you lose it. If you don't endorse the check, that makes it harder for the bank to accept it from a person who wants to cash it for ulterior motives.
FDIC insured means that the government will give you your money back (up to $100,000) in case your bank goes out of business and can't pay you. If you have more than $100,000 to put into savings, try spreading it out over several FDIC banks with no more than $100,000 in each account.
The FDIC was insurance, backed by the federal government, for deposits in banks. Its immediate effect on the economic situation in the 1930s was to restore public confidence on banks and stop the run on banks that occured after the Stock Market Crash.t was created so that people who again have confidence in the banking system. The Federal Deposit Insurance Corporation insures individuals' deposits from member banks up $100,000.