Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case.

Thus, insolvent banks should in general be allowed to fail ... to resolve bank failures using the method that presented the "least cost" to the deposit insurance fund. This reduced the FDIC's ...

“Revenues from the sale of corporate assets are added to the Deposit Insurance Fund, the funding source for valid deposit insurance claims,” it added. The PDIC said the properties that will be ...

Instead, member banks pay premiums to the FDIC in exchange for being covered by the Deposit Insurance Fund (DIF ... runs made the financial institutions insolvent, leading to failures and ...

That on-hand amount is called the deposit insurance fund. The FDIC tries to keep money worth 2% of total insured funds in the DIF. The FDIC publishes how much money is in the DIF in its Quarterly ...

You could think of them as serving two distinct purposes: CDs are good for building up a fund for a short ... by the same federal insurance that covers other deposit products.

The Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature go under: cover insured deposits. Here’s how the FDIC works and why it ...

The agency is best known for its deposit insurance. As of December 31, the FDIC's Deposit Insurance Fund contained $137.1 billion. Under federal law, the FDIC must keep $1.35 in the fund for every ...

Addis Ababa, — The Ethiopian Deposit Insurance Fund (EDIF) has collected 5.2 billion Birr in premiums from member financial institutions over the last nine months, representing an 11.1 percent ...

The FDIC had been increasing how much the biggest U.S. banks must pay into the deposit-insurance fund after the 2008 financial crisis. The crisis drove the deposit fund billions of dollars into ...