The FDIC, formed in 1933 during the Great Depression, is an independent government agency that insures deposits at U.S. member banks, ensuring depositor safety for customers in case of bank failure.

Instead, the regulator will look for updated resolution plans focused “more specifically on providing the FDIC the information it needs to rapidly market the institution and, if needed ...

E-ONE will showcase a new tractor- drawn aerial and its new Select Series Aerial that highlight E-ONE’s “Strength Through Excellence” at FDIC 2025 ... and 102’ horizontal reach, 250 ...

Chime is one of the most downloaded banking apps in America. Member deposits are FDIC-insured through The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, up to applicable limits.

Key presidential advisers have let it be known that they have their eyes on the Federal Deposit Insurance Corporation (FDIC). The focus for now is the “efficiency” of this independent agency ...

Trump has also named former FDIC board member Jonathan McKernan to run the CFPB. Would changes to the FDIC affect the insurance on my accounts? It’s too early to say definitively, but early indi ...

Rohit Chopra, director of the Consumer Financial Protection Bureau and a member of the FDIC board, said on Monday, “We know that chief executive officers and board members of large companies ...

A United States federal judge criticized the Federal Deposit Insurance Corporation (FDIC) for its redactions of crypto “pause letters” sent to banks, amid a Coinbase-backed Freedom of ...

You may have noticed that bank advertisements typically include the phrase "FDIC-insured" or "member FDIC." That means federal deposit insurance will protect your money if the bank fails.

Republican House of Representatives member Tom Emmer blasted Gruenberg on X in response to the news, claiming he was “an architect of Operation Chokepoint 2.0 and drove the FDIC into the ground ...

“Earlier today I informed the President that I will retire as Chairman and Member of the Board of Directors of the FDIC effective January 19, 2025,” Gruenberg wrote in a message to agency employee ...

Checking and savings accounts are provided through our bank partners Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDIC. Deposit insurance covers the failure of an insured ...