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

Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters
Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters
October 24, 2019  |  Legal

Lights out for the FinTech charter idea? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

READ MORE >
Big Tech Cryptos Set For Antitrust Scrutiny
Big Tech Cryptos Set For Antitrust Scrutiny
July 01, 2019  |  Regulation

Facebook’s announcement of Libra late last month has spurred greater regulatory oversight of cryptocurrencies, with a particular eye on who may be bringing those cryptos...

READ MORE >
Dems Push For More Financial Inclusion
Dems Push For More Financial Inclusion
March 22, 2019  |  Financial Inclusion

With the 2020 presidential election on the horizon, the theme of growing access to the banking system is becoming front and center. Democrats such as...

READ MORE >
FDIC: Banks Pull In $237B In 2018
FDIC: Banks Pull In $237B In 2018
February 22, 2019  |  Banking

Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. 21) that the banking industry pulled in $237 billion...

READ MORE >
First New Community Bank In Decades Headed To US Market
First New Community Bank In Decades Headed To US Market
January 31, 2019  |  B2B Payments

The U.S. is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank...

READ MORE >
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

READ MORE >
Data Dive, New Releases Edition: Apple, Affirm And U.S. Bank Regulators
Data Dive, New Releases Edition: Apple, Affirm And U.S. Bank Regulators
January 14, 2019  |  Data Dive

The month of January is considered a mixed bag for movie buffs. While a lot of award hopefuls appear on screens in January, the big push for...

READ MORE >
US Banking Industry Had No Failures In 2018
US Banking Industry Had No Failures In 2018
January 10, 2019  |  Economy

U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. Get...

READ MORE >
Amid AML Efforts, Regulators Focus On FinTech
Amid AML Efforts, Regulators Focus On FinTech
December 10, 2018  |  Regulation

Much regulatory focus this past week came with headlines on anti-money-laundering efforts, aided by tech. Get the Full Story Complete the form to unlock this...

READ MORE >