The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks. Today, during a time of ...

In a decision on Thursday, U.S. District Judge Beth Labson Freeman in San Jose, California said the former parent, now known as SVB Financial Trust, adequately alleged that the FDIC in its corporate ...

or a trust account. So, while the $250,000 FDIC maximum looks restrictive, it is possible to get around it to make sure all of the money you deposit in a bank is insured. Read next ...

Key Points ・Evolve Bank & Trust has begun releasing more funds to Synapse users, with payments arriving via PayPal and checks ...

SVB Financial Trust alleges First Citizens failed to acquire trademarks, including the SVB name and logo, when it bought the ...

The proposal will temporarily reinstate the merger policy that was in effect prior to 2024 as the FDIC conducts a broader reevaluation of its bank merger review process, the agency said.

Staff at the FDIC, which monitors banks nationwide and backstops bank deposits via its insurance fund, were notified Tuesday morning of the firings. In an email seen by Reuters, staff were told ...

Listen to this article Suffolk-based TowneBank’s $120 million acquisition of Midlothian’s Village Bank and Trust Financial Corp. has been approved by the FDIC and the Virginia State Corporation ...

The Federal Deposit Insurance Corp. (FDIC) is responsible for insuring consumer deposits against bank failures — and for preventing those failures in the first place. Since its creation 92 years ...

First Trust NASDAQ® ABA Community Bank Index Fund ETF is a diverse investment in small-cap banks. Click here to read why QABA ...