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Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC network. Before you open an ...
When the federal government announced it would guarantee all accounts at Silicon Valley Bank and Signature Bank after they became the second- and third-largest bank failures in U.S. history, it ...
The Federal Deposit Insurance Corporation (FDIC) was established in 1933 during the Great Depression. By insuring bank deposits, the government tries to promote stability in the financial system ...
Fifth Third Bank has agreed to pay millions to settle allegations that it forced auto loan customers into duplicative car insurance policies that made their monthly payments more expensive ...
Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during ...
We've provided information on what the FDIC is, how the FDIC insures bank deposits, what's covered under FDIC insurance. This may help you with understanding whether your money is safe ...
Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices ...
The FDIC is a government agency that provides deposit insurance for up to $250,000 per depositor, per insured bank, for each account ownership category. If your bank were to fail or run out of ...
The total amount of catastrophe claims is included in Insurance service expenses and amounts related to reinsurance coverage are included in Other income (loss) on the Bank's Consolidated ...
A government-wide hiring freeze has led the Federal Deposit Insurance Corp. to yank job offers ... undermining its ability to reduce the risk of bank failures. A chronic shortage of examiners ...