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 ...

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

According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you trust that your money is safe in your bank? The FDIC helps ...