Medallion Bank expects to grant the underwriters a 30-day option to purchase additional shares of the Series G Preferred Stock solely to cover over-allotments, if any.

For the quarter ended March 31, 2025, Farmers & Merchants Bancorp reported net income of $23.0 million, or $32.86 per diluted common share, compared with $22.7 million, or $30.56 per diluted common ...

This third installment in our series of insights on bank charter considerations describes the process for seeking regulatory approval to form ...

Money market accounts (MMAs) function as a hybrid between checking and savings, combining features of both account types.

But with interest rates so low on traditional savings accounts, you’re not likely to see that money grow much more than you ...

The Companies Act, 2013, heralded a shift in the regulation of corporate financing in India, streamlining and strengthening the legal framework surrounding securities issuance. Among various ...

This second installment in a series of insights on bank charter considerations describes the consequences of operating through an insured ...

Old bank accounts and investments can also be a form of unclaimed funds. You can search for unclaimed money from failed banks through the Federal Deposit Insurance Corporation (FDIC). You can also ...

High-yield savings accounts are insured up to $250,000 by the Federal Deposit Insurance Corporation or the ... your bank should send you a Form 1099-INT to use when preparing your return.

A former federal employee who was fired, rehired after a judge’s order and then fired a second time says her health insurance coverage was canceled and backdated after she had surgery ...

Disclaimer: The Consumer Sentiment ... according to the Federal Deposit Insurance Corporation (FDIC). However, some high-yield checking accounts offer much higher rates, even going as high as ...

You'll have to file a Form 1099-INT ... a member of the Federal Deposit Insurance Corporation (FDIC), which means your deposit accounts are insured up to $250,000 per depositor, for each account ...