As part of the shift, FDIC Acting Chair Travis Hill said the agency is eliminating the need for banks to include hypothetical failure scenarios and bridge bank strategies in their next round of ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

You’ll receive the standard $250,000 in FDIC insurance per depositor, however, your funds will be held by First Citizens Bank, one of the nation’s largest financial institutions. CIT Bank’s ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...

But if you're short on time, here’s a quick rundown of two standout options for security and peace of mind: SoFi® (Member FDIC) is a top choice for online banking security, thanks to its robust ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...

New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Direct ...

Merrick Bank is insured by the Federal Deposit Insurance Corporation (FDIC), which means deposits are federally insured up to $250,000 per depositor. Merrick Bank also takes additional steps for ...

Currently Managing Director of Motley Fool Money, Brendan has worked full-time for The Motley Fool since 2011. He has written hundreds of articles for The Motley Fool and provided analysis on TV ...

FDIC insurance is subject to certain conditions." Betterment says: "For Cash Reserve, Betterment LLC and Betterment Securities do not charge fees on your CR balance." Betterment says ...