One of the biggest factors influencing current CD rates is the federal-funds rate. As the Federal Reserve began cutting its benchmark rate toward the end of 2024, CD rates fell in response. However, ...

The sudden closure of New York-based Signature Bank by regulators on March 12, 2023, marked a critical moment in a wave of ...

To determine whether your bank is FDIC insured, look for the FDIC sign at the bank, go to FDIC.gov or call 877-275-3342.

The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a ...

The board of the Federal Deposit Insurance Corp. Monday voted to issue a proposed rule to supersede a Biden-era statement of policy applying heightened scrutiny on bank mergers and withdrew several ...

It’s unclear if Congress would need to sign off on moves to consolidate the FDIC into the Treasury Department or combine it with the OCC under a singular leader.

The development came on a day when the bureau terminated roughly 70 probationary employees, including enforcement division attorneys, according to Bloomberg Law.

But McKernan also agreed, at times, with Chopra, the Democratic former CFPB director who also served on the FDIC board. Together, the two supported an effort to persuade asset manager Vanguard to sign ...

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.