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Is your cash in a real FDIC-insured bank or a look-alike? Are you sure? Non-banks’ use of banking lingo, FDIC logo draw scrutiny. Amid bank failures, FDIC sees an increase in false promises of ...
Newly sworn-in President Donald Trump on Monday appointed Federal Deposit Insurance Corporation vice chair Travis Hill to lead the agency on an acting basis, the White House said.
Banking The FDIC Is From the Government and Really Is Here to Help The FDIC has spent more than nine decades in action, so let's take a look at what it does and why it's so important for consumers.
The FDIC has issued a revised list of Q&As concerning the agency’s new rule governing the use of the agency’s official sign.
Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.
WASHINGTON — The Federal Deposit Insurance Corp. issued a proposed rule Tuesday to crack down on misrepresentations of FDIC-insured accounts by crypto companies and other bank partners while ...
What is FDIC Insurance? The Federal Deposit Insurance Corporation (FDIC) is a government agency that provides insurance to banks, effectively ensuring the safety of your deposited money.
The FDIC recommends that Congress raise the cap on deposit insurance for business payment accounts to avoid disruption in bank failures.
First Republic Bank has been taken over by the Federal Deposit Insurance Corporation and will be sold to JPMorgan — the third major bank to go under in less than two months.
The Norcross-Braca group lost $28 million on its investment between the time it bought almost 10% of Republic to when the FDIC seized control of the bank, according to regulatory filings.
Sheila Bair, former chair of the FDIC and author of the children’s book series, “Money Tales,” which provides financial literacy lessons to children, says the FDIC “arguably could” help ...