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

Banks Hike Rates as Deposits See Historic Drop
Banks Hike Rates as Deposits See Historic Drop
March 06, 2023  |  Banking

Banks are raising their deposit rates to woo back consumers from higher-yield alternatives. Get the Full Story Complete the form to unlock this article and...

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Senators Warn Regulators on Zelle Fraud Risks
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023  |  Bank Regulation

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. Get the Full Story Complete the form to unlock this article and enjoy...

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Federal Reserve Denies Digital Asset Bank Custodia’s Application
Federal Reserve Denies Digital Asset Bank Custodia’s Application
January 27, 2023  |  Banking

The Federal Reserve Board has denied digital asset bank Custodia Bank’s application. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Agencies: Banks Must Manage Risk Around Crypto-Assets
Agencies: Banks Must Manage Risk Around Crypto-Assets
January 03, 2023  |  Cryptocurrency

Three U.S. agencies said that banks must be wary of the risks of crypto-assets. Get the Full Story Complete the form to unlock this article...

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Senate Appoints Martin Gruenberg as FDIC Chairman
Senate Appoints Martin Gruenberg as FDIC Chairman
December 20, 2022  |  Personnel

The U.S. Senate has named Martin Gruenberg to his second term as FDIC chairman. Get the Full Story Complete the form to unlock this article...

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Senators Ask Regulators About Bank-Crypto Firm Ties
Senators Ask Regulators About Bank-Crypto Firm Ties
December 08, 2022  |  Cryptocurrency

Two senators are asking regulators about links between banks and cryptocurrency firms.  Get the Full Story Complete the form to unlock this article and enjoy...

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Ex-FDIC Head: People ‘Getting Hurt’ by Lack of Crypto Rules
Ex-FDIC Head: People ‘Getting Hurt’ by Lack of Crypto Rules
November 20, 2022  |  Cryptocurrency

The former head of the Federal Deposit Insurance Corporation (FDIC) has joined a chorus of voices calling for the regulation of cryptocurrency in the wake...

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US Unbanked Population Shrinks to 4%
US Unbanked Population Shrinks to 4%
October 26, 2022  |  Financial Inclusion

Even in the face of the economic hardships that came with COVID-19, America’s unbanked dropped to around 4% last year. Get the Full Story Complete...

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FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
October 20, 2022  |  Cryptocurrency

Stablecoins have the potential to “fundamentally alter the landscape of banking,” the head of the Federal Deposit Insurance Corporation said in a speech on Thursday...

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