FDIC insurance is designed to protect depositors who hold accounts in banks located in the United States. If you keep your ...

The start of July marks the halfway point of the year, making it a great time to check in on your financial goals and adjust your strategy. Looking for a secure place to grow your savings? See our ...

Karen Steele's father was a security-minded saver who spread accounts for himself and his small business among several banks so the money was insured to the maximum by the Federal ...

When Catherine Bell put her money into Yotta, a fintech that promised savers a chance to win money just by saving more in its FDIC-insured accounts, it seemed like a no-brainer.. The Federal ...

No customer has ever lost a dime in insured deposits in a bank failure. But not all bank customers have that protection. The FDIC estimates that about 37% of all bank deposits are uninsured.

Learn why our experts rank these accounts among the top and find the best IRA account for your needs here. ... INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE.

High-yield savings accounts (HYSAs) are FDIC insured, and right now can be found with rates as high as 5.00% APY. But for example purposes, we'll use a more common APY of 4.10% for our calculations.

The U.S. Federal Deposit Insurance Corporation, FDIC, said on Wednesday that its insured banks saw a 5.8% increase in their aggregate Q1 net income, driven by a rise in non-interest income.