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

EU FinTechs Give EMI ‘Safeguarding’ Policy a Fresh Look Post SVB Collapse

EU FinTechs Give EMI ‘Safeguarding’ Policy a Fresh Look Post SVB Collapse
EU FinTechs Give EMI ‘Safeguarding’ Policy a Fresh Look Post SVB Collapse
March 20, 2023  |  Banking

If there’s a lesson that FinTechs must learn from Silicon Valley Bank’s (SVB) collapse, it’s the need to diversify their banking partners to include electronic...

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Warren Buffett May Invest in Regional Banks
Warren Buffett May Invest in Regional Banks
March 19, 2023  |  Banking

The U.S. has reportedly turned to Warren Buffett once more for help in a financial crisis. Get the Full Story Complete the form to unlock...

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Signature Bank Sold to Arm of New York Community Bancorp
Signature Bank Sold to Arm of New York Community Bancorp
March 19, 2023  |  Banking

One week after being taken over by regulators, Signature Bank has a new owner. Get the Full Story Complete the form to unlock this article...

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Medium-Sized Banks Want More FDIC Protection
Medium-Sized Banks Want More FDIC Protection
March 19, 2023  |  Banking

America’s midsized banks want more federal protection to prevent runs on deposits. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: First Citizens Bank Could Buy SVB
Report: First Citizens Bank Could Buy SVB
March 19, 2023  |  Banking

First Citizens Bank is reportedly offering to purchase failed lender Silicon Valley Bank. Get the Full Story Complete the form to unlock this article and...

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House Looks to ‘Get to Bottom’ of Banking Collapses
House Looks to ‘Get to Bottom’ of Banking Collapses
March 19, 2023  |  Banking

The U.S. House Financial Services Committee is set to begin investigating two high-profile banking failures. Get the Full Story Complete the form to unlock this...

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The Week That Americans Watched a Bank Run in Real Time
The Week That Americans Watched a Bank Run in Real Time
March 18, 2023  |  Banking

Back in 1960s through the 1980s, there was a TV show titled “That Was the Week that Was.” Get the Full Story Complete the form...

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FDIC Reportedly Sweetening the Deal for Failed Banks
FDIC Reportedly Sweetening the Deal for Failed Banks
March 17, 2023  |  Bank Regulation

Federal regulators are reportedly sweetening the deal for two failed banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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SVB Parent Files for Bankruptcy as Global Banking Market Wobbles
SVB Parent Files for Bankruptcy as Global Banking Market Wobbles
March 17, 2023  |  Legal

This tumultuous week began and ended the same: with Silicon Valley Bank still for sale.  Get the Full Story Complete the form to unlock this...

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