Statement of Applicability: This Financial Institution Letter applies to all FDIC-insured depository institutions. Highlights: In recent years, the banking industry and practices have changed ...

Federal Deposit Insurance Corp. (FDIC) insurance is an essential parameter to look for when comparing banks. This insurance protects account holders if the bank goes under. While the FDIC insures ...

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 ...

Under the final rule, for branches where insured deposits are received in areas other than ... said the final rule would help restore the confidence and potency of the FDIC logo. He noted that the ...

But just over a year ago, the California Department of Financial Protection and Innovation found that Mercury’s use of the Federal Deposit Insurance Corp.’s logo, @bankmercury Twitter handle ...

When a bank or financial institution is federally insured, it will have the FDIC insurance logo on its website. The FDIC insures up to $250,000 per depositor, per institution, per ownership ...

When it comes to the security of your money, that “Member FDIC” logo you see displayed on most ... Instead, credit unions are generally insured by the National Credit Union Administration ...

The rules also state that depository institutions must provide signs that distinguish insured deposits from nondeposit products ... "Recent trends and events have shown a high degree of trust that ...

While no insured deposits have been lost since it was created, the FDIC is here to help, by guaranteeing that your money (up to that $250,000 coverage limit) is safe, even if a bank collapses.

You can also look for the FDIC logo on your bank’s website or printed ... If the bank doesn’t have an insured branch in the U.S., that CD would not be covered by FDIC insurance.

And so they place their money in various accounts at banks insured by the FDIC, the Federal Deposit Insurance Corporation. This incredibly important, independent agency of the United States ...