In April 2017, though, the Colombian deposit guarantee fund increased the insurance for individual deposits from 20mln Colombian pesos (COP) (approximately 6,780 USD) to 50mln COP (around 16,950 USD).

The Federal Deposit Insurance Corp. issued a cease-and-desist order to Unbanked, Inc. — a cryptocurrency-focused nonbank — for making false claims about FDIC deposit insurance coverage on its ...

Deposit insurance removes a strong incentive that banks once had to maintain higher capital and exert tight ... too. Savings deposits represent another 17% of U.S. deposits. Between ...

There are many ways to deposit a check, including through a bank branch, ATM, smartphone, online or through the U.S. Postal Service. Precautions should be taken when depositing checks, such as ...

Any broad expansion to deposit insurance could require action from Congress because of legal changes made after the 2008 financial crisis, unless government agencies can find a workaround.The ...

Deposit insurance in India was introduced in 1962 with a coverage limit of Rs 1,500 per depositor. This limit has been gradually increased over the years, taking it to Rs 20,000 in 1976 and Rs ...

GRAND RAPIDS, Mich. (ABC 4)- In a significant stride towards enhancing community safety, Farm Bureau Insurance of Michigan proudly partners with Sports Image®’s OPERATION AED Program to give ...

Insurance companies are spinning up services to cater to cryptocurrency companies and their executives. IE 11 is not supported. For an optimal experience visit our site on another browser.

The U.S. Federal Deposit Insurance Corporation is planning to exempt smaller lenders from kicking in extra money to replenish the government's bedrock deposit insurance fund, and instead saddle ...

Image Credits:Daniel Bosse (opens in a new window) / Unsplash (opens in a new window) (Image has been modified) Rhino raises $95M to scale its rental deposit replacing insurance product. Alex Wilhelm.

Are your life savings safe in the bank? Here’s what govt plans to do with deposit insurance The DICGC insures all deposits such as savings, fixed, current, recurring, and more up to a maximum of ...