Deposit Insurance Corporation (DIC) says it is now offering insurance coverage of up to K3 million per depositor per bank, ...

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

US financial regulators on Tuesday signed off on new rules to prepare large and regional banks in the case of failure. Officials at the Federal Deposit Insurance Corporation, Federal Reserve and ...

The guaranteed deposits extend beyond the Federal Deposit Insurance Corporation (FDIC) fund insurance that promises depositors' funds up to $250,000 will be covered, and only a very small ...

The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures. Currently, the FDIC ...

The Depositors Insurance Fund (DIF) is another option for insuring excess deposits. This program covers deposit account balances beyond the $250,000 FDIC limits at member banks.

Unfortunately, mutual funds—like investments in the stock market—are not insured by the Federal Deposit Insurance Corp. (FDIC) because they do not qualify as financial deposits.

The agency's deposit insurance fund stood at $128 billion as of last year, but with the failures of Silicon Valley Bank (SVB) and Signature Bank, and the FDIC-brokered sale of First Republic Bank ...

The risk of bank runs could be lowered if lawmakers accept a new proposal from the Federal Deposit Insurance Corp. to boost deposit-insurance protection for businesses above the current $250,000 ...

Bank of America, with heavy presence in Charlotte, must pay for underpaying deposit insurance after a judge ruled in FDIC’s favor for assessments from 2013-2014.

The Federal Deposit Insurance Corp., which manages the fund by levying assessments on banks, is required by law to ensure the pool of money meets a reserve ratio of at least 1.35%.