The flow of deposits to less stable banks threatens the soundness of the entire financial system. According to a group of economists at the World Bank and International Monetary Fund, “Deposit ...

The Federal Deposit Insurance Corp. said Metropolitan Capital Bank & Trust was closed by the Illinois Department of Financial and Professional Regulation, marking the first U.S. bank failure in 2026.

The banks can offer competitive loans to auto customers who might be facing sticker shock, now that the average price of a ...

On July 30, 2024, the Federal Deposit Insurance Corporation (FDIC) proposed revisions to the restrictions on brokered deposits (the “Proposal”). The Proposal is intended to strengthen the restrictions ...

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...

The FDIC entered into a purchase and assumption agreement with First Independence Bank to assume substantially all deposits ...

FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and ...

The FDIC published its final rule updating and easing the requirements for FDIC official digital signage and advertising FDIC deposit insurance ...

WASHINGTON - The Federal Deposit Insurance Corporation announced on Thursday that it had approved deposit insurance ...

The FDIC has launched a debate over the definition of "brokered deposits" despite admitting that it lacks the necessary data to assess performance, writes Brian Graham, of Klaros Group. In late July, ...