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?

Senate Banking Chairman Sherrod Brown, D-Ohio, referred to the “magnitude of the uninsured deposits” in a March 16 letter to the Treasury Department, Federal Reserve and Federal Deposit ...

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 ...

Project 2025 does not call for the elimination of the Federal Deposit Insurance Corporation. Instead, it proposes merging the FDIC with other banking agencies. Skip Navigation.

Deposit Insurance, Federal Deposit Insurance Corporation. Accessed November 18, 2024. SoFi Receives Regulatory Approval to Become a National Bank, SoFi. Accessed July 30, 2024.

Martin Gruenberg, head of the Federal Deposit Insurance Corporation, will step down following a scathing independent investigation detailing pervasive sexual harassment, discrimination and ...

Currently, the Federal Deposit Insurance Corp. insures deposits and protects individuals and businesses from loss up to $250,000. The cap is set at this level because of the expectations it ...

The Federal Deposit Insurance Corporation (FDIC) seal is shown outside its headquarters, on Tuesday, March 14, 2023. (AP Photo/Manuel Balce Ceneta) Author: Erin Jones Published: 6:22 PM EDT July 17, ...

Project 2025 proposes merging the FDIC with other federal banking agencies, but it’s unclear how that merger would affect government-backed deposit insurance.

Project 2025 proposes merging the FDIC with other federal banking agencies, but it’s unclear how that merger would affect government-backed deposit insurance.

Project 2025 proposes merging the FDIC with other federal banking agencies, but it’s unclear how that merger would affect government-backed deposit insurance.