Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

The FDIC is an independent government agency headquartered in Washington, D.C. that oversees the banking industry. Its primary duty is to insure deposits at U.S. banks. The FDIC also supervises and ...

Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...

When your savings balance climbs above $250,000, it's more than just a financial milestone -- it triggers a set of rules that determine how much of your money is actually protected. The Federal ...

Representative Maxine Waters, a Democrat from California and chairwoman of the House Financial Services Committee, speaks during a hearing with Tim Sloan, president and chief executive officer of ...

Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs would be reflected in higher fees and reduced availability of credit, writes ...

The Independent Community Bankers of America, the trade association that markets itself as The Nation's Voice for Community Banks, is officially supporting the newest legislation to expand federal ...

The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...

Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...

Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their customers, with Bluevine leading the way as a pilot client Galileo facilitates the ...