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 ...

A provision of this Act created the FDIC, and along with it, deposit insurance. FDIC deposit insurance is guaranteed, or, in the organization’s own words, “backed by the full faith and credit ...

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the U.S. government that protects and reimburses your deposits up to the legal limit of $250,000 if your FDIC-insured ...

Before you open an account at a bank or credit union, it’s wise to verify that the institution offers deposit insurance.

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 ...

But like any other entity, banks can fall on tough times. According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you ...