Peoples Bank agreed to a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions that alleges “unsafe and unsound banking practices” with ...

The Federal Deposit Insurance Corp., which manages the fund by levying assessments on banks, is required by law to ensure the pool of money meets a reserve ratio of at least 1.35%. At the end of ...

Ex-federal worker fired twice describes having insurance canceled, backdated after surgery Days after having major spinal surgery, the Maryland mom and homeowner worked from bed after receiving a ...

WASHINGTON — On the campaign trail, President Donald Trump promised to reduce federal bureaucracy. Nearly three months into his second administration, Trump has kept that promise by asking ...

Newly hired federal employees are placed under a probationary period lasting one or two years. During this period, agencies evaluate their employees’ suitability for the role and their performance.

Along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, the Federal Reserve withdrew from two 2023 statements concerning banks interacting with ...

The ruling comes after the Federal Deposit Insurance Corporation lawsuit accused the mega U.S. bank of failing to pay the complete amount it owed for deposit insurance. According to a press ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014. Daniel Tepper Bloomberg ...

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for ...