It’s understandable now to want to hoard your money under your mattress. But federally insured accounts remain safe.

FDIC insurance means you can feel confident about keeping money at an FDIC-insured bank, rather than stashing it under your mattress. The FDIC says no depositor has lost a single penny of insured ...

According to Frank, dramatically changing the FDIC would be an uphill legal battle. The insurance coverage the FDIC provides could also potentially be moved to the Treasury while still functioning ...

Opening up different categories of accounts in the same bank is one way to maximize your FDIC insurance coverage. For example, certain retirement accounts, employee benefit plan accounts ...

In this month’s Money Matters we ask Dana Robb, vice president of retail banking and operations at Pittsfield Cooperative ...

Instead of requiring a bridge bank strategy, the FDIC wants large banks to describe one or more potential resolution ...

Wealthfront Cash Account is a robo-advisor option for those wanting a large FDIC insurance coverage limit. Standout benefits: The Wealthfront Cash Account offers the highest FDIC insurance limit ...

Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their ... interest earnings and extend FDIC insurance coverage. Galileo facilitates ...

FDIC insurance of bank deposits, providing $2,500 in coverage, took effect on Jan. 1, 1934. A five-member board oversees the FDIC. All of the members are nominated by the president and confirmed ...

Extended FDIC Coverage: Galileo’s collaboration with a deposit sweep provider enables fintechs and their participating sponsor banks to extend FDIC insurance on swept funds, offering enhanced ...