Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per account holder.

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 ...

Text Callout : Key Takeaways - What Is the FDIC? The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you've ...

There are several organizations that have been set up to protect consumers' financial assets — the FDIC which covers deposits in banks and savings associations, the NCUA which does the same for most ...

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 ...

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 ...

Fintechs, short for financial technology companies, are not banks. They are technology firms that use software to deliver ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were talking ...

The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you’ve deposited at an FDIC-member bank. The FDIC ...