The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you've deposited at an FDIC-member bank. The FDIC ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014.

The U.S. Federal Deposit Insurance Corp. projected that its deposit insurance fund reserve ratio remains on track to hit the statutory minimum of 1.35% within the next three years, it said on ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014.