Which activity is NOT part of the FDIC’s mission?

The FDIC's mission focuses primarily on maintaining stability and public confidence in the nation's financial system. It does this through several key activities, one of which is ensuring the safety and soundness of financial institutions. By monitoring banks and other financial institutions, the FDIC works to prevent bank failures and protect the banking system as a whole.

Another critical component of the FDIC's role is protecting depositors in the event of bank failures. This function is essential to fostering trust and security among consumer banking behaviors, as deposit insurance assures customers that their funds are protected up to the insured limits.

Moreover, the FDIC promotes financial literacy among consumers, providing information and resources to help individuals make informed financial decisions. This education is crucial for encouraging responsible banking practices and empowering consumers.

However, providing direct banking services to consumers is not a function of the FDIC. The agency does not operate banks or provide direct consumer banking products but rather oversees and insures banks to maintain the integrity of the financial system. This distinction highlights the FDIC's regulatory and protective roles rather than serving as a direct banking provider.