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Arguably its most important job is insuring money you’ve deposited at an FDIC-member bank. The FDIC typically insures an account at a bank or savings institution for up to $250,000 in the event ...
In coming days, the Federal Insurance Deposit Corp. ("FDIC") will waive several requirements in the plans banks are required to draw up for an orderly wind-down, should a bank fail, what are ...
The FDIC recently rescinded guidance requiring FDIC-supervised institutions to give notice to the FDIC before engaging in crypto-related activities. Banks regulated by the FDIC may now engage in ...
In 2017, the FDIC sued the second-largest U.S. bank for failure to pay $1.12 billion in deposit insurance assessments in violation of the Federal Deposit Insurance Act, and claimed the bank had ...
On March 28, 2025, the Federal Deposit Insurance Corporation (FDIC) issued guidance on state nonmember bank and state savings association participation in certain cryptocurrency activities (“FIL ...