Knowing your money is safe should be your top priority when deciding where and how to invest your savings. That’s why the FDIC was created, in order to assuage consumer fears about banks going ...

Let's say you and your spouse jointly own a $350,000 CD and a $150,000 savings account at the same FDIC-insured bank. In this case, the two accounts would be added together and insured up to ...

CDs are insured up to $250,000 by the FDIC, just like savings and checking accounts. But there are some limits and restrictions you should be aware of. For instance, brokered CDs are not always ...

President Trump's administration appears to be reshaping the FDIC, potentially endangering the safety net for your bank ...

The FDIC guarantees the safety of bank consumers’ money for up to $250,000 per depositor, per FDIC-insured bank, per ownership category.

FDIC-insured bank seized by regulators is first US bank failure of 2024 By Washington Examiner Staff May 1, 2024 2:36 am ...

Insured Cash Sweep accounts offer a solution by placing your deposits, in $250,000 increments, across a network of FDIC-insured banks. Combined, those partner banks can provide several million ...

In your answer, you made the statement, "Bank money market funds are not FDIC-insured." I don't know which bank you refer to, but I have four money market funds at four separate savings and loans ...

That's the second best performance ever but a $1.1 billion, or 3.3% decline from the record earnings set in the previous quarter, the FDIC said.

Community banks, constituting 91% of all FDIC-insured institutions, reported a net income of $6.3 billion, down 10.9% year over year. This was mainly due to lower NII.

The Federal Deposit Insurance Corporation (“FDIC”)-insured commercial banks and savings institutions reported second-quarter 2023 earnings of $70.8 billion, rising 9.9% year over year.

Provided you use an FDIC-insured institution, your balance will be protected for up to $250,000. Talk to your current bank and shop around to find the best money market account for your needs.