The recently passed GENIUS Act of 2025 creates a new legal framework for licensing and regulating payment stablecoin issuers. The Act is explicit in stating that an insolvent payment stablecoin issuer ...

During the Great Depression, from 1930 to 1933, approximately 9,000 banks failed, taking with them $7 billion in depositors’ ...

Federal Deposit Insurance Corp. staff Thursday said the agency's Deposit Insurance fund reserve ratio — which measures the Deposit Insurance Fund, or DIF, balance compared to all FDIC insured deposits ...

The FDIC insurance limit of $250,000 includes principal and interest. If you deposit $250,000, and it earns $4,000 in interest, you are insured for only $250,000 if your bank fails.

Bank of America, with heavy presence in Charlotte, must pay for underpaying deposit insurance after a judge ruled in FDIC’s favor for assessments from 2013-2014.

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact ...

The Federal Deposit Insurance Corp., which manages the fund by levying assessments on banks, is required by law to ensure the pool of money meets a reserve ratio of at least 1.35%. At the end of ...

The Deposit Insurance Fund (DIF) — used by the FDIC to fulfill its obligations to eligible depositors when a bank fails — is funded through premiums paid by FDIC-insured institutions and ...

FDIC insurance covers up to $250,000 on individual deposit accounts in the event that the bank fails. That’s why many people prefer to keep their bank account balances under $250,000.

To fund the expanded coverage, PDIC will utilize its Deposit Insurance Fund, which consists of premiums collected from member banks, reserves for insurance and financial assistance losses, and ...