The FDIC will pay insurance to account holders with deposit accounts up to the insured limit. All of the best banks — in fact, most of the banks that are worth banking with — are FDIC-insured.

The shuttered Chicago-based lender had deposit liabilities of nearly $20.7 million unaccounted for in its core system, the ...

Acting Chair Travis Hill suggested the agency use total liabilities rather than insured deposits as the denominator in the formula. The FDIC on Tuesday also rescinded a bank merger policy update from ...

If you’re using your credit card issuer’s app or website just to pay your bills and check in on some recent transactions, you ...

The Consumer Financial Protection Bureau and its former court foes are now in agreement: an open banking rule shouldn't be ...

Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product ...

"Earning the FDIC's highest rating is a reflection of our employees' commitment to consistently implement the core principles of CRA every day," said President and CEO Mark Grescovich. "This ...

The FDIC’s 4,462 insured banks saw a 1.16% return on assets and net income of $70.6 billion in the first quarter.

The quarterly data showed bank profits were driven by gains at large firms while credit quality remained mixed, with ...

The article The Truth About These 4 Common Banking Myths originally appeared on NerdWallet.