The House Financial Services Committee passed a number of bipartisan banking bills with wide margins, suggesting a growing ...

The Electronic Deposit Insurance Estimator (EDIE) is a tool from the Federal Deposit Insurance Corp. ... meaning that up to $250,000 of the deposits in an account are protected by this insurance.

The Federal Deposit Insurance Corp. is an independent federal agency that oversees and regulates U.S. banks while insuring deposits. At FDIC-insured institutions, each depositor is insured for up ...

The most workable iteration of deposit insurance reform that the Federal Deposit Insurance Corp. considered in its after action report on the subject involved raising deposit insurance or making ...

The Federal Deposit Insurance Corporation (“FDIC”) published for comment in December 2022 a notice of proposed rulemaking (12 CFR Part 328) (“Proposed Rule”) 1 that would apply to all FDIC ...

At the end of 2022, the FDIC's Deposit Insurance Fund had $128.2 billion, equal to 1.27% of all the deposits insured by the government. Since then, three banks have collapsed, costing the fund a ...

The last time Congress lifted the federal deposit insurance cap was in 2008, when it temporarily lifted the cap from $100,000 to $250,000. That change became permanent in 2010. Since the inception of ...

Key Points ・Not all credit unions are insured by the National Credit Union Administration (NCUA). Around 125 operate under private insurance. ・Ten states allow credit unions to opt for private ...

The Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking (the Proposal) on September 17, 2024, that seeks to strengthen recordkeeping for bank deposits held by ...