Over 170 FDIC employees were fired this month, with another 500 accepting deferred resignations. Additionally, 200 job offers for bank examiners—who monitor financial institutions for risks ...

The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused ...

FDIC officials say customers with accounts that are in excess of $250,000 should contact the FDIC and set up an appointment discussing their deposits at 1-866-314-1744. More Local News ...

The Federal Deposit Insurance Corporation (FDIC) has long been a cornerstone of financial security for Americans. However, recent actions by President Donald Trump have raised concerns about ...

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 ...

FDIC is insurance provided by the federal government that protects deposits in U.S. banks up to $250,000. Here’s how it works.

Cash App, Venmo, and Chime don’t have fees. But they don’t have FDIC insurance either.

Money market accounts are FDIC insured up to $250,000, or NCUA insured up to the same amount per account.

Following the report, FDIC Chair Martin Gruenberg testified to Congress on the issues in May, but outgoing House Financial Services Committee Chair Patrick McHenry, R-N.C., and other Republicans have ...

A third-party examination of the Republic First Bancorp failure found FDIC staff softened their stance toward the troubled institution in the months before its failure without adequately documenting ...

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.

Recent FDIC coverage changes limit the number of beneficiaries Timing is everything, and the day after my interview with Becker, 89-year-old “Martha” phoned my office, upset. “Mr.