Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board ...

The Trump administration reportedly is considering folding the FDIC into the Treasury Department. In fact, Trump plans to ...

When a Chicago bank crashed, delivering a major blow to the Deposit Insurance Fund, regulators said they suspected fraud. Historically, that's a common story.

– Douglas Eddy Marshall, of Scotts Valley, CA, passed away peacefully at home in the Santa Cruz Mountains on April 24, 2025, ...

Have you ever wondered what might happen to your hard-earned savings if your bank or microfinance institution were to fail? If so, you’re not alone. Many people share this concern, often because they ...

Most banks are insured by the Federal Deposit Insurance Corporation (FDIC), while accounts at credit unions are insured by the National Credit Union Administration (NCUA). A teen checking account ...