Over 40 credit union partners have joined the ModernFi CUSO deposit network in the past twelve months, enabling network credit unions to, for the first time ever, offer members access to $10 ...

The federal government is squandering an easy opportunity to boost competition with a proposal to insure deposits up to ...

Both banks and credit unions can offer insurance on deposit products. FDIC-insured banks can protect your funds for up to $250,000 per account holder, per account ownership category.

Proposed changes could benefit smaller banks and boost competition, but may not reduce the risk of bank runs, experts say ...

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

You may discover credit unions have more to offer than you think. ... The Federal Deposit Insurance Corp. was created in 1933 in response to a string of bank failures.