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 Corp. or FDIC, is a U.S. government agency that protects savings deposits up to at least $250,000 per depositor. If a bank has FDIC insurance, it means your money is ...

The South African Reserve Bank has placed Ditsobotla Primary Savings and Credit Co-operative Bank in resolution, ensuring ...

Representative Maxine Waters, a Democrat from California and chairwoman of the House Financial Services Committee, speaks during a hearing with Tim Sloan, president and chief executive officer of ...

Peoples Bank exited a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial ...

The safe-deposit box is not listed as personal property and is not part of the trust. However, I could access two other safe-deposit boxes in my sister’s name with her death certificate.

NEW YORK, July 25, 2023 /PRNewswire/ -- Rhino, which pioneered security deposit insurance in 2017 and services a six-million-home partner network, today announced that Omega Realty Group is using ...