Bank networks, such as IntraFi Network Deposits and Impact Deposits Corp., can help spread excess deposits across multiple ...

"One of the biggest things is to remember that deposit insurance is paid for by the banks and protects depositors in the unlikely event that their bank fails," says Julianne Breitbeil, a senior ...

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 ...

Ask the Lawyer columnist Ron Sokol discusses how the Federal Deposit Insurance Corporation seeks to keep your banking ...

the Federal Deposit Insurance Corporation. This incredibly important, independent agency of the United States government celebrated its 90th anniversary last year, protecting bank depositors ...

The FDIC seeks to stick to its statutory mandate while reducing impediments to fintech, innovation, mergers, bank formation, and ...

which means they're usually insured by the Federal Deposit Insurance Corp. (FDIC) or the National Credit Union Administration (NCUA) up to $250,000 per depositor, per institution. FDIC insurance ...

This rule change treats both revocable and irrevocable trust the same for determining the limits on insurance. Often clients do not think about the limits on FDIC insurance when opening a trust ...

All in all, it’s a highly favorable backdrop for banks, as witnessed by a rising balance in the FDIC insurance fund and a mere two bank failures in 2024, out of more than 4,500 institutions. The ...

A government-wide hiring freeze has led the Federal Deposit Insurance Corp. to yank job offers to more than 200 new examiners, the front-line employees who closely monitor banks to ensure they ...