Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the U.S. Federal ...

Bank of America faces a $540 million bill after a federal judge ordered the financial institution to pay up on Monday amid a federal lawsuit. The ruling comes after the Federal Deposit Insurance ...

The FDIC has granted approval for ConnectOne and First of Long Island banks' $284 million merger plans, first announced last ...

Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

A seismic shift in Federal Deposit Insurance Corp. policy for handling a failing national or regional bank — foremost securing an acquirer as quickly as over a weekend — is stirring memories ...

The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you’ve deposited at an FDIC-member bank.

The Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...

Meanwhile, a federal hiring freeze and staff reductions have left the Federal Deposit Insurance Corp. shorthanded. In January, the administration rescinded job offers to more than 200 new bank ...

The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...