The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per ...

FDIC insurance is automatically applied to any FDIC-eligible account. Each depositor is covered for $250,000 worth of deposits per depositor, per FDIC-insured bank, and per ownership category.

Forbright Bank offers high APYs and a strong environmental mission -- ideal for online bankers who care about their money and ...

The US Senate is getting ready to pass the GENIUS Act, a bill that will finally set legal rules for how stablecoins are ...

FDIC-insured depository institutions reported a return on assets (ROA) ratio of 1.16% and aggregate net income of $70.6 billion, an increase of $3.8 billion (5.8%) from the prior quarter. An increase ...

The government is actively considering a hike in the deposit insurance limit for bank deposits from the present level of Rs 5 lakh within the next six months, a senior finance ministry official told ...