Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC network. Before you open an ...

The Federal Deposit Insurance Corp., or FDIC, was founded in 1933 and touts on its website that “no depositor has ever lost a penny” of insured deposits at a failed bank. Currently ...

The Federal Deposit Insurance Corporation (FDIC) was established in 1933 during the Great Depression. By insuring bank deposits, the government tries to promote stability in the financial system ...

Fifth Third Bank has agreed to pay millions to settle allegations that it forced auto loan customers into duplicative car insurance policies that made their monthly payments more expensive ...

Meanwhile, a federal hiring freeze and staff reductions have left the Federal Deposit Insurance Corp. shorthanded. In January, the administration rescinded job offers to more than 200 new bank ...

Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during ...

When the federal government announced it would guarantee all accounts at Silicon Valley Bank and Signature Bank after they became the second- and third-largest bank failures in U.S. history, it ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada ...

Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices ...

The FDIC is a government agency that provides deposit insurance for up to $250,000 per depositor, per insured bank, for each account ownership category. If your bank were to fail or run out of ...