The Main Street Depositor Protection Act is an attempt to help the banking industry, but it will do far more harm than good.

Witnesses and lawmakers at a House Financial Services Committee hearing gave a more downcast view of a Senate deposit ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on ...

The Federal Deposit Insurance Corp. said in its Quarterly Banking Profile report for the third quarter that bank earnings hit ...

The Federal Deposit Insurance Corp. just realized its latest quarterly bank profile, covering the third quarter, and the most ...

With the federal funding situation resolved and the government open, Congress can finally return to legislative business and ...

The head of the Federal Deposit Insurance Corp. said the regulator is working on guidance for tokenized deposit insurance, a move that would help steer financial institutions that want to broaden ...

The FDIC chair has confirmed that it is developing guidelines for tokenized deposit insurance. The guidance under development ...

"Unlike the banking system where roughly 50% of deposits were uninsured by the FDIC before the 2023 failures, nearly 90% of credit union deposits are insured by the NCUA and its NCUSIF," the letter ...

Top-yielding money market accounts currently pay APYs greater than 4%, while the average bank pays just 0.61% on standard ...