News

The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures. Currently, the FDIC ...
The federal deposit insurance system has withstood plenty of banking turmoil in its roughly 90-year existence — yet after the extraordinary events of the past two weeks, some experts say the ...
Yes, the FDIC's deposit insurance fund currently has enough money to cover 1.27% of deposits. While that might not sound high, the fund has stabilized after running at a deficit in 2010 and 2009.
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 .
The standard deposit insurance coverage limit, as offered at banks that are members of the Federal Deposit Insurance Corp. (FDIC), is $250,000 per depositor, per bank, per ownership category.
According to a press release, U.S. District Judge Loren AliKhan’s 59-page decision resolves a long-running lawsuit filed by the Federal Deposit Insurance Corporation in 2017, which claimed Bank ...
November 22, 2011 Bank and Thrift Industry Second Quarter Earnings. Acting Chair Martin Gruenberg and other Federal Deposit Insurance Corporation officials held a press briefing to announce the… ...
Bank of America faces a $540 million bill after a federal judge ordered the financial institution to pay up on Monday amid a federal lawsuit. The ruling comes after the Federal Deposit Insurance ...
That means federal deposit insurance will protect your money if the bank fails. Here's how it works and what it does -- and doesn't -- cover. What is FDIC insurance?
Federal Deposit Insurance Corp. Latest News . April 28, ... Canton-based 42 North Private Bank in 'troubled condition,' federal regulator says. March 17, 2025, 8:53 PM EST Banking & Financial ...