The FDIC has issued a stark warning about 63 banks currently on the brink of failure. This development has sparked concerns ...

FDIC issued guidance that embraces use of pre-filled customer data for Customer Identification Program (CIP) requirements.

The FDIC provides coverage for several types of bank accounts, such as checking, savings, certificates of deposit (CDs) and money market accounts. The coverage limit is $250,000 for each of these ...

"We can't and won't stand for it," said Coinbase Chief Legal Officer Paul Grewal as the crypto exchange filed an opposition ...

Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs ...

FDIC Chairman Martin Gruenberg said the overall level of problem banks, now totaling 68 firms, is "not atypical." But he added it is a "consequential development" for individual firms that comes ...

The FDIC’s usual operating plan for a failed bank calls for a quick receivership process that seeks to maximize the value of depositor accounts, the FDIC insurance fund, and the assets for any ...