The Federal Deposit Insurance Corporation (FDIC) was established in 1933 during the Great Depression. By insuring bank deposits, the government tries to promote stability in the financial system ...

The company said in the filing that the bank's collapse "will have no impact on the day-to-day operations of the company." What is the Deposit Insurance Fund and how does it work? Financial ...

The Federal Deposit Insurance Corp., or FDIC, was founded in 1933 and touts on its website that “no depositor has ever lost a penny” of insured deposits at a failed bank. Currently ...

Fifth Third Bank has agreed to pay millions to settle allegations that it forced auto loan customers into duplicative car insurance policies that made their monthly payments more expensive ...

Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices ...

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 In January, the administration rescinded job offers to more than 200 new bank ...

What if it isn’t anymore? The promise of bank insurance — a tenet of U.S. consumer protection since the Great Depression — is now being tested by a crisis swirling around online-only lenders ...

The total amount of catastrophe claims is included in Insurance service expenses and amounts related to reinsurance coverage are included in Other income (loss) on the Bank's Consolidated ...

We've provided information on what the FDIC is, how the FDIC insures bank deposits, what's covered under FDIC insurance. This may help you with understanding whether your money is safe ...

The FDIC is a government agency that provides deposit insurance for up to $250,000 per depositor, per insured bank, for each account ownership category. If your bank were to fail or run out of ...