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The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures. Currently, the FDIC ...
Last year, the Federal Deposit Insurance Corp. deliberated over whether to tap Microsoft Corp. as its primary cloud provider. Three key officials involved in the discussions, or their family ...
According to a press release, U.S. District Judge Loren AliKhan’s 59-page decision resolves a long-running lawsuit filed by the Federal Deposit Insurance Corporation in 2017, which claimed Bank ...
The FDIC - the Federal Deposit Insurance Company – was created in 1934 during the Great Depression after thousands of banks began to fail. Those who didn't lose their money right away, ...
FDIC insurance covers up to $250,000 on individual deposit accounts in the event that the bank fails. That’s why many people prefer to keep their bank account balances under $250,000 .
Discover Financial Services’ stock fell more than 13% in the after-hours trading Wednesday after the company reported better-than-expected quarterly earnings but disclosed a Federal Deposit ...
The NCUA offers deposit insurance that's similar to FDIC insurance. Like the FDIC, the NCUA offers coverage of up to $250,000 per depositor, per credit union, per ownership category .