FDIC insurance is designed to protect depositors who hold accounts in banks located in the United States. If you keep your ...

Key takeaways The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money ...

If you deposit $250,000, and it earns $4,000 in interest, you are insured for only $250,000 if your bank fails. If you deposit $245,000 and accrue $5,000 in interest, you are insured for the ...

Another bank has failed—this time in Texas. You may not have seen it all over the news, but it’s the second U.S. bank to shut ...

FDIC insurance guarantees the safety of your deposits in case of bank failure up to $250,000 per depositor. FDIC insurance covers most types of deposit accounts but does not cover investment accounts.

Because the deposit insurance is applied per bank and ownership category, depositors with more than $250,000 in cash on hand can easily expand their protections.

According to a press release, U.S. District Judge Loren AliKhan’s 59-page decision resolves a long-running lawsuit filed by the Federal Deposit Insurance Corporation in 2017, which claimed Bank ...

The Santa Anna National Bank in Texas was closed by the OCC Friday. The failure could cost the FDIC’s Deposit Insurance Fund ...

The Council and the European Parliament reached a political agreement today to put in place a reformed crisis management and deposit insurance (CMDI) framework for banks in the EU.The reform improves ...