The Daily Hodl8h
Billion-Dollar Bank’s Employee Secretly Transfers $123,000 From Customer Accounts to His Associates: FDIC
An employee at a billion-dollar bank transferred a massive pile of cash from customer accounts without permission for his own ...
CNBC8d
These accounts offer FDIC insurance for deposits greater than $250,000
You can find a list of partner banks on each ... Each depositor is covered for $250,000 worth of deposits per depositor, per FDIC-insured bank, and per ownership category. To determine if your ...
FDIC aims to rescind controversial bank merger policy, here's what's next
FDIC says 2024 merger policy statement added uncertainty, proposes interim measure while conducting broader reevaluation.
JD Supra10d
New Administration Outlook: FDIC Moves To Rescind Key, Controversial Proposals
The FDIC has signaled the reversal of key, controversial proposals from 2024. In doing so, it has provided welcome clarity on ...
FDIC Rescinds Plans on Brokered Deposits, Bank Board Governance
The Federal Deposit Insurance Corp. approved the withdrawal of two more Biden-era proposed rules on Monday, soon after its ...
Banking Dive10d
FDIC OKs Rhode Island bank’s wind-down plan
Independence Bank was ordered to pay $3.5 million in restitution after the lender allegedly charged illegal fees for Small ...
Reuters13d
FDIC moves to roll back merger policy that scrutinized larger deals
The proposal will temporarily reinstate the merger policy that was in effect prior to 2024 as the FDIC conducts a broader reevaluation of its bank merger review process, the agency said.