Here’s what you need to know about FDIC insurance limits and five of the best ways to insure excess deposits. The FDIC ...

If money you deposited at a failed FDIC-insured bank falls outside the FDIC’s $250,000 insurance limits, you’ll lose any money exceeding those limits. For instance, if you owned a single ...

Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments — a figure it later ...

However, if your bank does go out of business, FDIC insurance guarantees your money up to its FDIC limits. In March 2023, Silicon Valley Bank, based in Santa Clara, California, was the first U.S ...

British journalist and translator who joined Diario AS in 2013. Focuses on soccer ... billion dollars to the Federal Deposit Insurance Corporation (FDIC), after a years-long legal battle ...

In 2010, under the Dodd-Frank Act—passed by Congress in response to the 2008 financial crisis—the Federal Deposit Insurance Corporation (FDIC) increased its deposit insurance limit to $250,000.

The Federal Deposit Insurance Corp. is an independent federal agency that oversees and regulates U.S. banks while insuring deposits. At FDIC-insured institutions, each depositor is insured for up ...

Formed in 1933 during the Great Depression, the FDIC is one of several banking system regulators today. The agency is best known for running the nation’s deposit insurance program, which insures ...