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 ...

The Federal Deposit Insurance Corporation is a government agency that ... You don't need to sign up for FDIC insurance. If it's an FDIC-backed bank, you're automatically covered up to that amount.

Amid the flurry of changes the Trump Administration is making, key regulatory agencies such as the Federal Deposits Insurance Corp (FDIC) might be getting overhauled. While no official plans have ...