Like the FDIC, the NCUSIF covers deposits up to $250,000 per member. While credit unions might appear more secure if the FDIC were to be dismantled, the likelihood of such a scenario remains low.

The Federal Reserve Board, Federal Deposit Insurance Corp. ("FDIC") and the Office of the Comptroller of the Currency ("OCC") ...

CDs are insured up to $250,000 by the FDIC, just like savings and checking accounts. But there are some limits and restrictions you should be aware of. For instance, brokered CDs are not always ...

As part of a larger effort to address risks related to third-party deposit relationships, on October 2, 2024, the Federal Deposit Insurance Corporation (FDIC) announced and published a notice of ...

The FDIC has also rescinded more than 200 job offers to new examiners, the front-line employees who monitor banks for early signs of problems, The Washington Post reported in January. Sponsor Message ...

When Catherine Bell put her money into Yotta, a fintech that promised savers a chance to win money just by saving more in its FDIC-insured accounts, it seemed like a no-brainer.. The Federal ...

FDIC chairman Martin Gruenberg says he's prepared to step down once a successor is confirmed. Gruenberg has been widely criticized for fostering a toxic workplace at the agency.

In 2023, 38% of FDIC staff were considering leaving within the next 12 months, more than double that of 2020, compared with only 33% government-wide, the data shows.

Bankrupt SVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion that the regulator seized while it took over Silicon Valley Bank in March, a ...