(Bloomberg) -- Japan’s bank deposits increased at the slowest pace since April 2007 as households seek to safeguard their assets from inflation. Deposits climbed 0.7% in April from a year ...

Photo / 123rf Q: I note that the new Depositor Compensation Scheme (DCS) begins in July. Interest.co.nz lists a number of non-bank deposit-takers on its saving page who are covered under this scheme.

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 ...

The revised FD interest rates, along with the new scheme, came into effect on April 7, 2025, and are applicable to deposits below Rs 3 crore. The bank has also discontinued the special Utsav ...

Custodia Bank and Vantage Bank have revealed the “first ever” tokenization of dollar-based demand deposits. Custodia Bank is a digital asset bank based in Wyoming, taking advantage of the ...

HDFC Bank started accepting deposits under the Senior Citizens’ Savings Scheme (SCSS), a government-backed savings plan designed for senior citizens. This move enables the bank to function as an ...

If the bank is federally insured, it should have the FDIC logo on its website. In addition, the online link referenced at the end of this column is instructive. The FDIC insurance has worked.

The Federal Deposit Insurance Corp. was appointed as the receiver and all the banks' $42.7 million in deposits were assumed by nearby Millennium Bank of Des Plaines, Illinois. "Millennium Bank agreed ...

FDIC insurance covers traditional bank deposit products, including checking and savings accounts, time deposits such as CDs, money market deposit accounts, Negotiable Order of Withdrawal accounts ...

As of June 30, 2024, The First National Bank of Lindsay reported total assets of $107.8 million and total deposits of $97.5 million. About $7.1 million of the deposits exceeded FDIC insurance ...

First Horizon Bank continues to have the largest ... according to 2024 data from the Federal Deposit Insurance Corporation. First Horizon's deposits increased from almost $2.8 billion in 2023 ...

In closures, the FDIC serves two roles. As the insurer of the bank’s deposits, the FDIC pays insurance to the depositors up to the insurance limit. Second, the FDIC, as the “Receiver” of the ...