The FDIC had claimed in its lawsuit over deposit insurance that Bank of America had “unjustly enriched itself at the FDIC’s ...

Bank of America (BAC) has been ordered to pay the Federal Deposit Insurance Corp. (FDIC) $540 million in a long-running legal dispute over deposit insurance assessments. A federal judge ruled Monday ...

A federal judge ordered Bank of America to pay $540.3 million in a long-running lawsuit by the Federal Deposit Insurance Corp ...

Elon Musk’s Department of Government Efficiency has arrived at the Federal Deposit Insurance Corp. but the team members don’t ...

A Department of Government Efficiency team is working with FDIC leadership to "increase efficiency," which could include cuts ...

U.S. Federal Deposit Insurance Corporation is looking for ways to cut staffing by an additional 20% as part of Elon Musk's ...

Decreased funding for Community Development Financial Institutions and the declawing of the Federal Deposit Insurance Corp. are top of mind for bankers.

Travis Hill, acting chair of the Federal Deposit Insurance Corp., says the agency will waive a requirement in banks’ ...

March 17, 2025, 8:53 PM ESTBanking & Financial Services December 06, 2024, 8:18 AM ESTBanking & Financial Services December 05, 2024, 1:52 PM ESTBanking & Financial Services September 26, 2024, 8: ...

Lower upfront capital for “noncomplex” community banks, a revamped application process for fintechs and an open mind toward ILCs are some of the suggestions the FDIC’s acting chief floated Tuesday.

San Antonio experienced four new branch openings, nine closings and three relocations in 2024. The San Antonio Business ...

Established during the Great Depression, the Federal Deposit Insurance Corp (FDIC) ensures that your bank deposits are safe, even if the bank goes under. The FDIC — which is funded by premiums ...