The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused ...

But after the FDIC seized First Republic Bank on Monday, and following Silicon Valley Bank and Signature Bank’s failures, it is estimated to have a balance of $92.7 billion, the lowest since 2018.

The FDIC has issued final regulations that, as of April 1, 2024, will change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

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 ...

The Federal Deposit Insurance Corporation (FDIC) has long been a cornerstone of financial security for Americans. However, recent actions by President Donald Trump have raised concerns about ...

The FDIC firings mark the latest in a sweeping effort across the federal government, as thousands of new hires have been fired by the Trump administration as part of an effort to radically cut ...

McKernan said in an interview he believes it is time to turn the page on FDIC leadership. "In the past, the FDIC has too often brushed wrongdoers under the rug, moved them around, or even promoted ...

"The FDIC plans to reduce staffing by approximately 1,250 positions across most divisions and offices," the email told employees. "Some of these abolished positions include those eliminated through ...

Most CDs are FDIC-insured, but this isn’t always the case. Learn how and when FDIC coverage applies to CDs and discover what types of CDs are not insured.

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump's allies were ...