Statement of Applicability: This Financial Institution Letter applies to all FDIC-insured depository institutions. Highlights: In recent years, the banking industry and practices have changed ...

When it comes to the security of your money, that “Member FDIC” logo you see displayed on most ... Instead, credit unions are generally insured by the National Credit Union Administration ...

But just over a year ago, the California Department of Financial Protection and Innovation found that Mercury’s use of the Federal Deposit Insurance Corp.’s logo, @bankmercury Twitter handle ...

You can also look for the FDIC logo on your bank’s website or printed ... If the bank doesn’t have an insured branch in the U.S., that CD would not be covered by FDIC insurance.

which are not FDIC-insured. Still, you will often see the FDIC logo on neobank websites, just like you see it stuck to the glass doors of many brick-and-mortar banks. That logo instills trust ...

While no insured deposits have been lost since it was created, the FDIC is here to help, by guaranteeing that your money (up to that $250,000 coverage limit) is safe, even if a bank collapses.