The FDIC seeks to stick to its statutory mandate while reducing impediments to fintech, innovation, mergers, bank formation, and efficient supervision. Just one day after being named acting ...

The Federal Deposit Insurance Corporation, or the FDIC, has guaranteed deposits — up to certain thresholds — at American banks since the early days of the New Deal in 1933. The agency’s ...

This chart from the Federal Deposit Insurance Corp ... The number of banks on the FDIC’s “problem list” -- those presumed to be in danger of collapse -- only started to decline in 2011.

As mentioned, FDIC coverage applies per depositor and per ownership category. Keeping money in different ownership categories lets you qualify for additional coverage. For example, if you open a ...

The only catch with the FDIC is the $250,000 cap. For example, if you deposit exactly $250,000 into a savings account, any interest you receive (and the point of having your money in these ...

Customers of banks that have been sold will have access to their money from the new owner, according to the FDIC. For example, JPMorgan Chase acquired First Republic Bank when it failed earlier ...

In this example, $250,000 is covered by the FDIC, but $41,200 is uninsured. Keep in mind that coverage is applied per owner. A single owner is covered up to $250,000, but joint bank accounts may ...

The Federal Deposit Insurance Corp. (FDIC) is responsible for insuring consumer ... States' smaller banks — warning lenders if, for example, their debt levels are edging too high or if they ...

Your shares in both accounts are added together and insured up to $100,000, providing $200,000 in combined coverage, according to an FDIC example. It's highly possible deposits above those limits ...

The proposal will temporarily reinstate the merger policy that was in effect prior to 2024 as the FDIC conducts a broader ... to much stricter oversight. For example, the prior policy indicated ...