Financial institutions across the U.S. have grappled with compliance requirements under the Customer Identification Program, or CIP, rule for ...

The Federal Deposit Insurance Corp. withheld bonuses from former FDIC Chair Martin Gruenberg and four senior officials, whose ...

FDIC officials were not identified in the Office of the Inspector General’s findings, which followed a November 2023 WSJ ...

The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you've deposited at an FDIC-member bank. The FDIC ...

The federal government is looking for feedback on changes to Canada's deposit insurance framework that could see the coverage ...

The Federal Deposit Insurance Corp. and California’s tax board have settled the liability over the unpaid taxes of the failed Signature Bank.

A seismic shift in Federal Deposit Insurance Corp. policy for handling a failing national or regional bank — foremost securing an acquirer as quickly as over a weekend — is stirring memories ...

During the Great Depression, from 1930 to 1933, approximately 9,000 banks failed, taking with them $7 billion in depositors’ ...

HASTINGS, MI / ACCESS Newswire / July 28, 2025 / Highpoint Community Bank ("HCB") announces its intent to expand its West Michigan footprint with a new full-service branch in Hudsonville, Michigan, ...

While there are other ways for customers to increase their coverage, such as setting up joint accounts, the Federal Deposit Insurance Corp. estimates that up to 37% of bank deposits are uninsured.

The paper is also proposing providing an insurance limit of $1 million for “temporary high balances,” which it describes as a ...