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 .

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 ...

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 ...

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 ...

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 ...

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 does not call for the ...

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 ...