When you open a deposit account, it's likely that it's FDIC-insured up to the standard $250,000. Here's what FDIC insurance is and how it works.

When it was established in 1933, some 4,000 banks had closed in the first few months alone. The FDIC is relying on one of its main tools — deposit insurance — to prevent more banks from failing.

The FDIC was formed in 1933 and offers coverage to more than 5,000 institutions as of March 2021. That figure doesn't include credit unions, which are insured by a separate entity, the National ...

SVB Financial Group, the bankrupt former parent of Silicon Valley Bank, said Monday that the U.S. government had formally rejected its demand for a return of about $1.93 billion that was seized by ...

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 ...

Today, FDIC insures depositors' money up to $250,000 per depositor for each account ownership category if the bank is a member of the FDIC. That means depositors who have less than $250,000 in a ...

Most, but not all, banking institutions are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC protects against loss if your bank or thrift institution fails. Eligible bank ...

M&A Banks welcome FDIC deregulatory shift, but volatility looms By Ebrima Santos Sanneh March 07, 2025, 6:00 a.m. EST 5 Min Read Bloomberg News ...

By Katy O'Donnell, Jasper Goodman, Victoria Guida and Eleanor Mueller 11/16/2023 11:43 AM EST Updated: 11/16/2023 06:06 PM EST ...

FDIC needs to sharpen its cyberthreat sharing with financial institutions, OIG says Celal Gunes/Anadolu Agency via Getty Images By Carten Cordell August 31, 2023 ...