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

SVB Parent Files for Bankruptcy as Global Banking Market Wobbles

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...

READ MORE >
HFSC Chairman Patrick McHenry Welcomes Banks’ Support of First Republic
HFSC Chairman Patrick McHenry Welcomes Banks’ Support of First Republic
March 17, 2023  |  Banking

House Financial Services Committee Chairman Patrick McHenry is among those welcoming banks’ support of First Republic Bank. Get the Full Story Complete the form to...

READ MORE >
Yellen Says Community Banks Probably Won’t Get SVB Treatment
Yellen Says Community Banks Probably Won’t Get SVB Treatment
March 16, 2023  |  Banking

Treasury Secretary Janet Yellen isn’t playing favorites, just protecting the U.S. banking system. Get the Full Story Complete the form to unlock this article and...

READ MORE >
SVB’s Failure Could Doom Affordable Housing Projects
SVB’s Failure Could Doom Affordable Housing Projects
March 16, 2023  |  Banking

Silicon Valley Bank’s collapse could have grim implications for Bay Area affordable housing projects. Get the Full Story Complete the form to unlock this article...

READ MORE >
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
March 15, 2023  |  Banking

New laws, and new investigations, often follow bank crises.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard 
For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard 
March 15, 2023  |  Regulation

There are no guarantees in life, except for insuring bank deposits up to $250,000. Get the Full Story Complete the form to unlock this article...

READ MORE >
FDIC Prefers Banks Over Other Entities as Silicon Valley Bank Bidders
FDIC Prefers Banks Over Other Entities as Silicon Valley Bank Bidders
March 15, 2023  |  Banking

The pool of potential buyers of Silicon Valley Bank may be narrower than previously thought. Get the Full Story Complete the form to unlock this...

READ MORE >
Silicon Valley Bridge Bank CEO Invites Depositors to Return
Silicon Valley Bridge Bank CEO Invites Depositors to Return
March 14, 2023  |  Banking

Silicon Valley Bridge Bank, is open for business and actively opening new accounts. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
House Financial Services Chair to Probe ‘Supervisory Failures’ at SVB
House Financial Services Chair to Probe ‘Supervisory Failures’ at SVB
March 14, 2023  |  Banking

A top House Republican says Americans should be confident in the country’s financial system in spite of recent banking failures. Get the Full Story Complete...

READ MORE >