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 ...

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 ...

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 ...

Martin Gruenberg, chair of the Federal Deposit Insurance Corp., announced Monday that he would resign once President Biden appoints and the Senate confirms a successor to lead the banking ...

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 ...

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 ...

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.