FDIC says 2024 merger policy statement added uncertainty, proposes interim measure while conducting broader reevaluation.

The regulator’s board voted Monday to scrap four Biden-era proposed rules and a policy that applied greater scrutiny to bank ...

An employee at a billion-dollar bank transferred a massive pile of cash from customer accounts without permission for his own ...

The end goal of these examinations is to catch any problems before they snowball into a bank failure — or a wider banking crisis. In those worst-case scenarios, the FDIC is also responsible for ...

Accounts are insured by the FDIC, and all deposits above the FDIC ... after high APYs and want to be able to take care of all your banking in one place. Quontic Bank offers one savings account ...

Saying that its proposed brokered deposits rule would have “significantly disrupted many aspects of the deposit landscape,” the FDIC has withdrawn ...

The FDIC has signaled the reversal of key, controversial proposals from 2024. In doing so, it has provided welcome clarity on ...

The Federal Deposit Insurance Corporation (FDIC) is under scrutiny for withholding information about its role in what has ...

Cash App Borrow has a “historic loss rate” of less than 3%, according to Block. Customer eligibility and borrowing limits are ...

The Federal Deposit Insurance Corp. fended off a challenge to a proposed $20.4 million judgment against a Kansas bank after a ...

Independence Bank was ordered to pay $3.5 million in restitution after the lender allegedly charged illegal fees for Small ...