The FDIC has steadfastly and proactively sought to protect consumers /1/ by limiting the use of the FDIC's name, seal, and logo to insured depository institutions (IDIs) and preventing false and ...
Covered persons or service providers likely violate the CFPA's prohibition on deception if they misuse the name or logo of the FDIC or engage in false advertising or make misrepresentations to ...
Most of us have insurance on our homes or cars. But many people only realized the importance of deposit insurance after a couple of high-profile bank failures in 2023 – Silicon Valley Bank, Signature ...
The FDIC's Deposit Insurance Fund was established under the Glass-Steagall Act in 1933 to safeguard customer deposits in the event of an FDIC-insured bank's failure. WASHINGTON — The Federal Deposit ...
The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...
The high-profile bank runs this year, and the Federal Deposit Insurance Corporation’s decision to guarantee deposits at banks that failed in March, led lawmakers to start talking about raising the cap ...
Federal Deposit Insurance Corp. (FDIC) insurance is an essential parameter to look for when comparing banks. This insurance protects account holders if the bank goes under. While the FDIC insures ...
The Federal Deposit Insurance Corporation (FDIC) wants to make changes to deposit insurance in the wake of the collapse of First Republic Bank. The regulator on Monday proposed three options: raising ...