The ruling comes after the Federal Deposit Insurance Corporation lawsuit accused the mega U.S. bank of failing to pay the complete amount it owed for deposit insurance. According to a press ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation.

Mackey has been an employee of the Federal Deposit Insurance Corporation (FDIC). ICE Homeland Security Investigations (HSI) is seeking to identify any additional victims or survivors. The FDIC ...

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.

Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during times of ...

Context Project 2025 does not explicitly propose eliminating the FDIC; rather, the document suggests the corporation merge with other federal financial agencies. A 2017 report by The Heritage ...

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.

Newly sworn-in President Donald Trump on Monday appointed Federal Deposit Insurance Corporation vice chair Travis Hill to lead the agency on an acting basis, the White House said.

The Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking (the Proposal) on September 17, 2024, that seeks to strengthen recordkeeping for bank deposits held by ...

In fact, in 2003 the Federal Deposit Insurance Corporation issued guidance warning banks of “dealing directly with payday lenders and even with third-party firms that deal with payday lenders ...

Learn how FDIC insurance protects business accounts, what types of accounts are covered, and the coverage limits to secure your business funds. The Federal Deposit Insurance Corporation (FDIC ...