Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case. The ...

The Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature go under: cover insured deposits. Here’s how the FDIC works and why it ...

The investigation into Mackey began in January when federal investigators received a tip from Ohio's Internet Crimes Against ...

See how we rate banking products to write unbiased product reviews. The Federal Deposit Insurance Corporation is a government agency that protects consumers' money and regulates financial ...

The Federal Deposit Insurance Corp. is an independent federal agency that oversees and regulates U.S. banks while insuring deposits. At FDIC-insured institutions, each depositor is insured for up ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

(Reuters) -U.S. Federal Deposit Insurance Corporation is looking for ways to cut staffing by an additional 20% as part of Elon Musk's Department of Government Efficiency cost-cutting, Bloomberg ...

On March 28, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (together, the federal banking agencies ...

The Nigeria Deposit Insurance Corporation (NDIC) has announced its exceptional performance at the 2025 Federal Public Service Innovation Competition, emerging as both the overall winner (1st place) ...

Jonathan Mackey, 46, an employee of the Federal Deposit Insurance Corporation, was arrested by U.S. Immigration and Customs Enforcement on charges related to the sexual exploitation of children.