The Federal Deposit Insurance Corp. and a Kansas bank reached a settlement in the bank’s challenge to a $20.4 million ...
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 2023 ...
The U.S. government announced Sunday that it is deploying emergency measures to shore up the banking system and backstop deposits at two banks that failed within a matter of days. All deposit accounts ...
FTX and Silicon Valley Bank have one big thing in common: They failed. But those who deposited money with SVB were able to sleep a lot better Friday night after the bank was ordered to shut down than ...
You see “Member FDIC” displayed in most banks and highlighted on banking products. You’ve been told to look out for the FDIC logo as a sign of security. And you know that if you don’t see the logo, ...