Ensuring there are new entrants in the banking sector was among the first priorities listed by Travis Hill, the newly ...

Learn what a cash management account is, how it works, its benefits, and potential drawbacks to help you decide if it's the ...

Here’s a look at what’s reportedly being considered for future of the FDIC and how it could affect bank accounts.

Bank networks, such as IntraFi Network Deposits and Impact Deposits Corp., can help spread excess deposits across multiple FDIC-insured banks for maximum coverage. Opening accounts with different ...

Important federal deposit insurance rules and possibly its entire regulatory apparatus could come into play in Washington ...

As the FDIC sells off a failed bank’s assets, it typically issues periodic payments to depositors. Funds that exceed insurance limits are repaid on a cents-on-the-dollar basis. Silicon Valley Bank, ...

The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.

In a letter sent to Inspector General Jennifer Fain, Sen. Elizabeth Warren said the FDIC should evaluate whether the decision ...

A survey of senior bank officers at community banks by fintech firm IntraFi found bankers nearly evenly divided on the idea ...

The time is ripe for Congress and the president to shrink the Federal Deposit Insurance Corp.'s board of directors back down to its original three members, removing the Consumer Financial Protection ...

Silicon Valley Bank, for example, didn’t have insurance coverage for most of its deposits when it failed, according to regulatory filings. The FDIC announced it would pay back uninsured deposits ...