News

Key takeawaysThe best high-yield savings accounts typically offer significantly higher APYs than traditional savings accounts.Benefits of high-yield savings accounts include a low-risk way to grow ...
FDIC insurance covers up to $250,000 on individual deposit accounts in the event that the bank fails. That’s why many people prefer to keep their bank account balances under $250,000 .
President Trump's administration appears to be reshaping the FDIC, potentially endangering the safety net for your bank ...
Another bank has failed—this time in Texas. You may not have seen it all over the news, but it’s the second U.S. bank to shut ...
The FDIC insurance coverage limit at most banks is $250,000 per depositor, per bank, per ownership category. Ownership categories include single accounts, joint accounts and trust accounts.
Learn what the FDIC is, how it protects your bank deposits, and why it's important for U.S. banks. We also cover what you need to know about the FDIC.
To make the best choice for your money, be careful to avoid common mistakes when deciding to open a new money market account ...
In the wake of Silicon Valley Bank's collapse, some accounts have begun to offer up to $3 million of FDIC insurance coverage. 3 Accounts That Insure Excess Deposits ...
Learn which types of business accounts are insured by the FDIC, ... CD for another $150,000 at the same bank, the FDIC only insures $250,000 ... sources to support their work. These ...
A company offering a solution for business owners with higher account balances is Mercury Mercury is a fintech company, not an FDIC-insured bank. Checking and savings accounts are provided through ...
When you open a deposit account, it's likely that it's FDIC-insured up to the standard $250,000. Here's what FDIC insurance is and how it works.