The Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature go under: cover insured deposits. Here’s how the FDIC works and why it ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured ... the insurance protects credit union deposits similarly in the way it protects banks: Up to $250,000 per member, per ...

The Federal Deposit Insurance Corporation is a government agency that ... you can access millions of dollars of FDIC coverage on your CDs. The way it works is you invest your money with a CDARS ...

Bank of America has been ordered to pay $540.3 million to the Federal Deposit Insurance Corporation (FDIC), following a decision by a federal judge. The ruling stems from a legal dispute in ...

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Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case.

April 14 (Reuters) - A federal judge ordered Bank of America (BAC.N), opens new tab to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second ...