Deposit Insurance and Bank Runs FDIC representatives Luis Mayorga and Igor Fayermark speak with customers outside of the Silicon Valley Bank headquarters in Santa Clara, Calif., March 13, 2023.

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

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.

The Federal Deposit Insurance Corporation (FDIC) was established in 1933 during the Great Depression. By insuring bank deposits, the government tries to promote stability in the financial system ...

Congress Should Drop Bad Ideas about Deposit Insurance FDIC representatives Luis Mayorga and Igor Fayermark speak with customers outside of the Silicon Valley Bank headquarters in Santa Clara ...

On May 23, Chairman Martin J. Gruenberg of the Federal Deposit Insurance Corporation (FDIC) delivered remarks at the Cities for Financial Empowerment Fund 2023 Bank On National Conference.

First Republic Bank was taken over by the Federal Deposit Insurance Corporation on Monday, with most of its assets sold to JPMorgan Chase. Here’s where things stand for customers.

Recent bank failures show that inadequate deposit insurance is a systemic risk By Michael Taylor, The Smart Money S.A. Updated June 9, 2023 1:57 p.m.

In the economy and finance sector, the most notable change is the increased bank deposit insurance limit. This cap, unchanged since 2001, is being raised from 50 million won to 100 million won.

Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, said Thursday that despite making several recommendations for improving the deposit insurance framework after a series of bank ...

In an investor presentation at the end of 2022, the bank said the average business deposit balance at First Republic was $490,000, and business deposits made up 63% of total deposits.