FDIC insures individual bank deposits up to $250,000, reducing depositor risk. FDIC supervises banks to ensure financial stability and soundness. Recent FDIC interventions stabilized banks in the ...

2 As noted above, federal law explicitly excludes ATMs and RSUs from the definition of domestic branch. The FDIC’s interpretation provides that a state nonmember bank is not required to obtain ...

The proposed rule would expand the "deposit broker" definition. As a result, institution affiliated parties and intermediaries, such as nonbank financial companies, would become subject to ...

While there's no reason to expect it, this is where the FDIC comes in. Having an FDIC-insured account means your money is protected, even in the event of a bank failure. We've provided information ...

The FDIC’s Quarterly Banking Profile, which will cover the first three months of 2023, is by definition backward-looking. However, the edition spans a particularly tumultuous period during which ...

Martin Gruenberg, the chair of the Federal Deposit Insurance Corporation, is facing a barrage of calls from lawmakers to resign after a scathing 234-page report released Tuesday detailed pervasive ...

That's because many of SVB customers' deposits were insured by the Federal Deposit Insurance Corporation (FDIC), unlike FTX customers who haven't been able to access money in their accounts since ...

The U.S. Federal Deposit Insurance Corporation (FDIC) clarified in a statement on Friday that it only protects insured bank customers in case a bank fails, and not assets issued by crypto companies.