Tens of thousands of Americans saved money in fintechs that said their money was FDIC insured. When things went wrong, that wasn't exactly true.

Some who experienced "frozen funds" and were unable to access money through a high-yield savings app are now getting their money back.

It’s understandable now to want to hoard your money under your mattress. But federally insured accounts remain safe. Typically, when people ask me if they should keep a large stash of cash at their ...

per FDIC-insured bank, for each account ownership category. This coverage extends to various account types, including single accounts, joint accounts, certain retirement accounts, and trust ...

As we mark this milestone, we recognize the privilege of celebrating 225 years of serving our customers and communities, said ...

The FDIC rescinded more than 200 job offers to new ... foot with the potential of causing major bank failures and loss of trust in the entire banking system if they reduce deposit insurance ...

The American College of Trust and Estate Counsel. "Pitfalls of Pay on Death (POD) Accounts." Federal Deposit Insurance Corporation. "Are My Deposit Accounts Insured by the FDIC?" Select "Trust ...

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 ...

The FDIC, which insures bank deposits, failed to adequately oppose a claim that it owes those funds to the bank’s former parent, Silicon Valley Bank Financial Trust, US District Judge Beth ...

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 Commission, clearing the way ...

Silicon Valley Bank's Former Parent Can Pursue $1.93 Billion FDIC Lawsuit By Jonathan Stempel (Reuters) - Silicon Valley Bank's former parent may pursue a lawsuit to recover $1.93 billion of ...