On March 28, 2025, the Federal Deposit Insurance Corporation (FDIC) clarified that FDIC-supervised institutions do not need to provide notice ...

Funds deposited at different branches of the same bank are not separately insured. Here are some important points to know: The FDIC only insures deposits held at banks and other government-backed ...

"It's not personal insurance for miscellaneous losses." While the FDIC operates independently, when you deposit money in an FDIC-insured account, it's the U.S. government that guarantees your ...

All types of accounts are not covered by FDIC insurance. Checking accounts, savings accounts, money market accounts, and certificates of deposit are covered by FDIC insurance. Brokerage accounts ...

Banks can dabble in cryptocurrency activities without receiving prior approval, the Federal Deposit Insurance Corp. announced ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

Some cash instruments are fully FDIC-insured (up to the limits), while others are not. FDIC-insured accounts provide the assurance that you’ll be made whole if your account has a loss ...

SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC's regulations. Any additional ...