There’s a saying about banking that the key to success is to never, ever lend money to those who need it. Translated, the loans banks make must perform. That’s the business model. Bank profits ...

But like any other entity, banks can fall on tough times. According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you ...

The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures. Currently ...

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 ...

Separate from its recommendations in Project 2025, the Heritage Foundation has previously advocated for completely phasing out deposit insurance. The FDIC is an independent federal agency created ...

The Heritage Foundation’s “Mandate for Leadership: The Conservative Promise,” the 922-page document commonly known as Project 2025, does not outright propose getting rid of the Federal Deposit ...

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 ...