That high rate, though, is limited only to balances up to $100,000. Mega Money Market account ... You’ll receive the standard $250,000 in FDIC insurance per depositor, however, your funds ...

It may be impossible to outlaw brokered CDs, but a reduced FDIC limit of perhaps $100,000 per brokered bank would be a wiser federal policy and a fair tradeoff for unlimited insurance on ...

You might like HSBC Bank (Member FDIC) if you can keep $100,000 in bank/investment accounts, receive $5,000 in direct deposits each month, or have an HSBC U.S.-based residential mortgage with HSBC.

The FDIC bank, which backed the accounts ... Zack Jacobs created the website "Fight For Our Funds" after losing $100,000. "Yeah, I mean... it is like losing a house," Jacobs said.

The FDIC was created in response to thousands of bank failures nearly 100 years ago. It ensures depositors for certain account types up to $250,000 at more than 4,500 member banks.

The Federal Deposit Insurance Corp. (FDIC) is responsible for insuring consumer deposits against bank failures — and for preventing those failures in the first place. Since its creation 92 years ...

The proposal will temporarily reinstate the merger policy that was in effect prior to 2024 as the FDIC conducts a broader reevaluation of its bank merger review process, the agency said.