When Pulaski Savings Bank went belly up in January, the Federal Deposit Insurance Corp. said that it suspected fraud. The small, Chicago-based lender hadn't recorded positive core earnings since 2005, ...

Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

WASHINGTON, June 23 (Reuters) - The Federal Reserve announced on Monday it was directing its supervisors to no longer consider "reputational risk" when examining banks, scrapping a metric that had ...

With the average savings account paying 0.42%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a little bleak for savers. However, high-yield savings accounts still ...

Getting the best rate as a saver has been a little more difficult since the Federal Reserve started cutting its benchmark rate toward the end of 2024. Since the beginning of 2025, Fed officials ...

While both institutions have your banking and credit needs covered, USAA and its partners offer more when it comes to insurance, retirement and investing services. Navy Federal Credit Union ...

MMAs at banks are insured by the Federal Deposit Insurance Corp. (FDIC), while MMAs at credit unions are insured by the National Credit Union Administration (NCUA).

The number of commercial bank branches regulated by the Federal Deposit Insurance Corporation has declined from a peak of near 83,000 in 2012 to less than 70,000 today, according to the FDIC. E-pay.

High-yield savings accounts offer flexibility and access, while certificates of deposit can offer higher interest rates. Compare HYSAs and CDs to find the best for your budget.

The national average rate for savings accounts is 0.43%, per the Federal Deposit Insurance Corporation (FDIC). The best online banks in Illinois and elsewhere offer rates that are considerably ...

U.S. Bank offers two consumer savings and two money market accounts to choose from—though you’ll need to meet high balance requirements and more to earn the highest rates.

The former is a storage space provided by the bank, “so the contents, including cash, checks or other valuables, are not insured by FDIC deposit insurance if damaged or stolen,” the FDIC says.