Bank of America faces a $540 million bill after a federal judge ordered the financial institution to pay up on Monday amid a federal lawsuit. The ruling comes after the Federal Deposit Insurance ...

The Federal Deposit Insurance Corporation is a United States government corporation providing deposit insurance to depositors in US banks. The FDIC was created by the 1933 Banking Act during the ...

The order, reached March 31 and published publicly on Monday, arrives over eight years after the Federal Deposit Insurance Corporation sued Bank of America in 2017. Ford recalls more than a ...

A typical year sees at least a handful of bank failures, according to the Federal Deposit Insurance Corporation, which insures depositors against losses in the event of a bank failure. There were ...

Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during ...

“Project 2025 will get rid of the FDIC so your bank accounts are no longer ... does not outright propose getting rid of the Federal Deposit Insurance Corporation (FDIC) or government-backed ...

A federal judge ordered Bank of America (BAC.N), opens new tab to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of ...

According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you trust that your money is safe in your bank? The FDIC helps ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...