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The FDIC included a set of 16 questions for public consideration on all aspects of the Proposal, including on the deposit broker definition, PPE analysis, and exceptions.
WASHINGTON — Industry experts are raising concerns about a recent Federal Deposit Insurance Corp. proposal that would expand the definition of brokered deposits — sometimes known as "hot money" — and ...
FDIC insurance covers deposit accounts, such as checking and savings accounts, CDs, and money market accounts. What FDIC insurance doesn't cover. FDIC insurance is insurance on deposit accounts.
FDIC insurance covers up to $250,000 on individual deposit accounts in the event that the bank fails. That’s why many people prefer to keep their bank account balances under $250,000 .
"This uncertainty also suggests a significant percentage of those surveyed are unaware money deposited into an FDIC-insured bank is protected up to at least $250,000," the FDIC noted in its release.
Having $250,000 in an IRA at an FDIC-insured bank and $250,000 in a single account, would allow you to have $500,000 covered by FDIC deposit insurance. Bankrate's take ...
Learn how FDIC insurance protects business accounts, what types of accounts are covered, and the coverage limits to secure your business funds. The Federal Deposit Insurance Corporation (FDIC ...
FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured ...
Both NCUA insurance and FDIC insurance protect the cash you keep in eligible deposit accounts up to $250,000. Neither the NCUA nor the FDIC covers stocks, bonds, mutual funds, or cryptocurrency ...
On July 30, 2024, the Federal Deposit Insurance Corporation (FDIC) approved a notice of proposed rulemaking relating to the agency’s safety and soundness rules on brokered deposits and issued a ...