The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...
The FDIC is an independent government agency headquartered in Washington, D.C. that oversees the banking industry. Its primary duty is to insure deposits at U.S. banks. The FDIC also supervises and ...
That leads to another issue: With trillions more of taxpayer dollars at risk, banks should expect tighter supervision and new ...
Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...
Each government failure becomes an excuse to do more of what failed. It is sad but not surprising to see this expensive and destructive cycle of failure repeat itself with banking regulation.
Federal Reserve Chairman Alan Greenspan on Wednesday reiterated the central bank's opposition to raising the $100,000 limit on deposit insurance coverage, saying there would be no "clear public ...
The following information was released by the Credit Union National Association (CUNA): The credit union system remains strong, well capitalized, and a safe place for consumers, America's Credit ...