The Treasury secretary tells the House Financial Services Committee that he is vetting candidates to fill the role and says ...

Tens of thousands of Americans saved money in fintechs that said their money was FDIC insured. When things went wrong, that wasn't exactly true.

The Federal Deposit Insurance Corporation (FDIC ... shouldn’t be able to masquerade as being FDIC-backed when they’re not,” Bell said.

Acting Chair Travis Hill's push for quick weekend bank sales signals a break from past crisis strategies — but some experts ...

The Federal Deposit Insurance Corporation (FDIC) has long been a cornerstone of financial security for Americans. However, ...

End of carousel Non-deposit products are not covered. It’s important to note that the FDIC and NCUA don’t cover non-deposit products — even if they were purchased at a federally insured ...

SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC's regulations. Any additional ...

AliKhan said “the law is not on [Bank of America’s] side ... following Bank of America’s refusal to make FDIC deposit insurance payments in accordance with an agency rule dating to ...

Depending on how extensively you bank, it may not be readily clear to you how much of your account balances are protected by government insurance. To help, the FDIC offers EDIE — its Electronic ...

For instance, if you owned a single account at the failed bank and the account contained $255,000, the $5,000 over the single-account limit would not be insured. Typically, the FDIC covers $ ...