The Federal Deposit Insurance Corporation has granted deposit insurance to Ford Motor Company, allowing the automaker to establish its own industrial bank. This move enables Ford to directly offer financial services such as loans and deposit accounts to customers and dealers, improving its control over credit terms and potentially enhancing margins in its captive finance arm. With the FDIC’s endorsement, Ford can now proceed with regulatory filings required to capitalize the bank, a strategic step that follows rival GM’s similar approval and underscores an industry trend toward vertical integration of auto manufacturing and financing.