FDIC

The Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Source: fdic.gov

First Citizens and Valley National Reportedly Competing for SVB Assets
First Citizens and Valley National Reportedly Competing for SVB Assets
March 26, 2023  |  Banking

Two regional banks are reportedly competing to purchase failed lender Silicon Valley Bank. Get the Full Story Complete the form to unlock this article and...

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Customers Bancorp Reportedly Seeks Potential Co-Investors for Silicon Valley Bank
Customers Bancorp Reportedly Seeks Potential Co-Investors for Silicon Valley Bank
March 24, 2023  |  Acquisitions

Customers Bancorp is reportedly working to put together an offer for Silicon Valley Bank. Get the Full Story Complete the form to unlock this article...

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McHenry Questions FDIC and Treasury Chiefs on SVB Response
McHenry Questions FDIC and Treasury Chiefs on SVB Response
March 23, 2023  |  Banking

House Republicans want more answers from the White House on the recent banking crisis. Get the Full Story Complete the form to unlock this article...

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Silicon Valley Bank Reportedly Accelerated Insider Loans in Last Months
Silicon Valley Bank Reportedly Accelerated Insider Loans in Last Months
March 22, 2023  |  Loans

Silicon Valley Bank began giving more loans to insiders after regulators identified some bank weaknesses. Get the Full Story Complete the form to unlock this...

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SoFi Partners With Banks to Offer $2 Million FDIC Insurance
SoFi Partners With Banks to Offer $2 Million FDIC Insurance
March 22, 2023  |  Banking

SoFi Technologies is now offering access to additional FDIC insurance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Aiming for Stability, Bank Deposit Guarantees May Be No Guarantee
Aiming for Stability, Bank Deposit Guarantees May Be No Guarantee
March 21, 2023  |  Banking

These past few weeks made it seem like everything happened, everywhere, all at once, to the banking system. Get the Full Story Complete the form...

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FDIC Seeing ‘Substantial Interest’ in Silicon Valley Bank
FDIC Seeing ‘Substantial Interest’ in Silicon Valley Bank
March 20, 2023  |  Banking

The Federal Deposit Insurance Corp. (FDIC) is seeing “substantial interest” in Silicon Valley Bank. Get the Full Story Complete the form to unlock this article and...

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Veteran Bank Buyer First Citizens Reportedly Wants Silicon Valley Bank
Veteran Bank Buyer First Citizens Reportedly Wants Silicon Valley Bank
March 20, 2023  |  Banking

First Citizens Bank reportedly aims to buy Silicon Valley Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Everything But the Crypto: Flagstar Scoops Up Failed Signature Bank
Everything But the Crypto: Flagstar Scoops Up Failed Signature Bank
March 20, 2023  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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