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 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 Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...

Finally, the Board, together with the Federal Deposit Insurance Corporation is joining the Office of the Comptroller of the Currency in “withdrawing from two 2023 statements jointly issued by ...

Meanwhile, a federal hiring freeze and staff reductions have left the Federal Deposit Insurance Corp. shorthanded. In January, the administration rescinded job offers to more than 200 new bank ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

Currently, the highest average CD rate is 1.77% APY for a 12-month CD, according to the Federal Deposit Insurance Corporation (FDIC), but many banks and credit unions offer CDs that pay ...

President Donald Trump's proposed plan to establish a 10% tariff floor across the board, along with changes at the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau, are ...

Travis Hill, acting chair of the Federal Deposit Insurance Corp., says the agency will waive a requirement in banks’ so-called living wills so they’re no longer built around a hypothetical ...

Federal Deposit Insurance Corporation. “Deposit Insurance.” Capital One. “Account Disclosures,” see “Electronic Fund Transfer Disclosure Statement.” Chime. "How to Deposit Cash Into ...