Still, some experts warn that favoring whole-bank sales could drive up resolution costs and undermine the FDIC's legal mandate to pursue the least costly option. Previously, the agency required banks ...

The FDIC currently relies primarily on Dodd-Frank Act "living wills" that those banks are required to have to demonstrate how they would be dissolved. Those steps often require the use of what is ...

Chris Van Hollen, D-Md.; and Lisa Blunt Rochester, D-Del., expressed concerns that DOGE's actions — which include accessing sensitive bank data and reducing FDIC staff — could weaken the agency's ...

Two joint statements from 2023 on liquidity and other risks regarding banks’ crypto-related activities were pulled on Thursday, the FDIC said. The move aims to clarify that banking organizations ...

The FDIC recently rescinded guidance requiring FDIC-supervised institutions to give notice to the FDIC before engaging in crypto-related activities. Banks regulated by the FDIC may now engage in ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Federal Reserve withdrew three pieces of Biden-era ...

That’s better than keeping your money under your mattress. If you’re unsure whether your money is federally insured, use the FDIC’s tool, the Electronic Deposit Insurance Estimator.

But how did the seemingly arbitrary metric even become a thing? It all started with President Franklin Delano Roosevelt, the nation's 32nd president. Roosevelt, who took office in 1933 and steered ...

GRAND RAPIDS, Mich. (WOOD) — The city of Grand Rapids broke ground on a new park in the Plaza Roosevelt neighborhood on Thursday. The $2.3 million project on Cesar E. Chavez Avenue SW near ...

Jason Garrett is leaving Roosevelt to become the head football coach at Skyline, Dallas ISD confirmed Wednesday night. Garrett was an assistant coach at Skyline and served as the defensive ...

BRANDON, S.D. (KELO) — The Brandon Valley baseball team blanked Roosevelt Tuesday, claiming a 7-0 win to sweep the double header. Ryland Carroll threw a complete game shutout, allowing just two ...

BRANDON, S.D. (KELO) — The KELOLAND Sports Game of the Week heads to Brandon Tuesday as #5 Brandon Valley is set to host Roosevelt. Tuesday’s coverage will begin at 7 p.m. on KELOXTRA (TV ...