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 ...
Do you have more than a quarter-million dollars in your bank account? If not, you’re among the majority of Americans whose deposits are fully insured by the federal government.
Top certificates of deposit (CDs) are paying annual percentage yields (APYs) of over 5.00% right now. That makes them attractive savings vehicles for people who are willing to tie up funds for a set ...
A proposed increase to federal deposit insurance levels for certain business accounts is a necessary reform that will support community banks and the communities they serve, writes Jack Hopkins, of ...
FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured bank, ...