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The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump's allies were ...

WASHINGTON - All banks should pay for deposit insurance according to their risk of failure, and the $100,000 limit on account coverage should be pegged to inflation, the insurer FDIC is ...

The FDIC has also rescinded more than 200 job offers to new examiners, the front-line employees who monitor banks for early signs of problems, The Washington Post reported in January.

The FDIC has also rescinded more than 200 job offers to new examiners, the front-line employees who monitor banks for early signs of problems, The Washington Post reported in January.

or send questions to it by e-mail to publicinfo@fdic.gov or by letter to the FDIC Public Information Center, 3501 North Fairfax Drive, Room E-1002, Arlington, VA 22226.

To be sure, bank failures have been relatively rare in the last few years. But when banks do fail, cus tomers can lose money if their deposits exceed the $100,000 FDIC insurance limit, government ...