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The Federal Deposit Insurance Corporation (FDIC) insures online savings accounts and brick-and-mortar banks. If the bank has FDIC insurance and fails, up to $250,000 per account holder per account ...
While FDIC insurance protects your bank deposits up to $250,000, SIPC insurance safeguards your investment accounts differently. The Securities Investor Protection Corporation (SIPC) provides up ...
Now the Scotts are among 200,000 or so fintech customers—including 85,000 from Yotta—who have been denied access to their “FDIC insured” accounts since mid-May, following the Chapter 11 ...
Last week's collapse of Silicon Valley Bank rattled the financial markets, leading to speculation that other bank failures could follow -- something that last happened during the financial crisis ...