The FDIC insurance limit of $250,000 includes principal and interest. If you deposit $250,000, and it earns $4,000 in interest, you are insured for only $250,000 if your bank fails.

The Federal Deposit Insurance Corp. or FDIC, is a U.S. government agency that protects savings deposits up to at least $250,000 per depositor. If a bank has FDIC insurance, it means your money is ...

Peoples Bank exited a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial ...

The South African Reserve Bank has placed Ditsobotla Primary Savings and Credit Co-operative Bank in resolution, ensuring ...

The House Financial Services Committee passed a number of bipartisan banking bills with wide margins, suggesting a growing consensus on how to handle issues like deposit insurance, de novo bank ...

Representative Maxine Waters, a Democrat from California and chairwoman of the House Financial Services Committee, speaks during a hearing with Tim Sloan, president and chief executive officer of ...

Sanjay Malhotra, Governor of Reserve Bank of India (RBI) announced the standardisation of procedures for settling claims ...

NEW YORK, July 25, 2023 /PRNewswire/ -- Rhino, which pioneered security deposit insurance in 2017 and services a six-million-home partner network, today announced that Omega Realty Group is using ...

FILIPINOS can now save with greater confidence in banks as the Philippine Deposit Insurance Corp. (PDIC) has increased its maximum deposit insurance coverage (M ...