That means federal deposit insurance will protect your money if the bank fails. Here's how it works and what it does -- and doesn't -- cover. What is FDIC insurance?

Deposit Insurance, Federal Deposit Insurance Corporation. Accessed November 18, 2024. SoFi Receives Regulatory Approval to Become a National Bank, SoFi. Accessed July 30, 2024.

According to a press release, U.S. District Judge Loren AliKhan’s 59-page decision resolves a long-running lawsuit filed by the Federal Deposit Insurance Corporation in 2017, which claimed Bank ...

Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

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 ...

A government-wide hiring freeze is adding to a staffing shortage at the Federal Deposit Insurance Corp., complicating the agency’s efforts to oversee thousands of banks across the country.

Aides to President-elect Donald Trump are reportedly examining ways to abolish the Federal Deposit Insurance Corp. AP. While Wall Street has cheered the prospect of deregulating the banking system ...

Posts claiming that Project 2025 — the political initiative put forward by The Heritage Foundation, a conservative think tank — would eliminate the Federal Deposit Insurance Corporation (FDIC ...

That means federal deposit insurance will protect your money if the bank fails. Here's how it works and what it does -- and ...

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, ...

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