Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...

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, ...

WASHINGTON, DC - MARCH 28: Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg (L) ...More greets Sen. Elizabeth Warren (R) (D-MA) prior to testimony before the Senate Banking ...

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 .

The Federal Deposit Insurance Corporation (FDIC) ensures the safety of cash deposited in insured banks, providing a protection of up to $250,000 per account in the case of a bank failure.

Newly sworn-in President Donald Trump on Monday appointed Federal Deposit Insurance Corporation vice chair Travis Hill to lead the agency on an acting basis, the White House said.

Physical bank branches have been closing down at a rate of 1,646 branches on average per year since 2018. A new report suggests they could go extinct.

Project 2025 proposes merging the FDIC with other federal banking agencies, but it’s unclear how that merger would affect government-backed deposit insurance.

Project 2025 does not call for the elimination of the Federal Deposit Insurance Corporation. Instead, it proposes merging the FDIC with other banking agencies. Skip Navigation.

The Federal Deposit Insurance Corporation (FDIC) seal is shown outside its headquarters, on Tuesday, March 14, 2023. (AP Photo/Manuel Balce Ceneta) Author: Erin Jones Published: 6:22 PM EDT July 17, ...