FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money ...

But like any other entity, banks can fall on tough times. According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you ...

Compare Today's Rates Introduction to the FDIC The FDIC, which stands for Federal Deposit Insurance Corporation, is an independently run U.S. agency. It protects consumers' deposits in the event a ...

AT A GLANCE - The Federal Reserve and FDIC have withdrawn from the Network for Greening the Financial System due to concerns that its ...

Since the Federal Deposit Insurance Corporation was created, no bank account holder has lost any amount of insured cash. As of March 22, there are 5,626 FDIC-insured institutions in the United ...