The FDIC approved the very first proposal that sets the rules for how banks file applications to issue payment stablecoins under Trump’s GENIUS Act. The proposal spells out how insured institutions ...

Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per account holder.

President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutiny of Martin Gruenberg's leadership.

The FDIC has updated its Insured Depository Institution (IDI) resolution planning rules for large banks, refining "living ...

WASHINGTON, DC - JUNE 6: The entrance to the Federal Deposit Insurance Corporation (FDIC), located across the street from the Eisenhower Executive Office Building, is viewed on June 6, 2017 in ...

Comptroller of the Currency Jonathan Gould, an FDIC board member, supported the agency’s proposed budget but expects further room to trim it. He also hinted at budget cuts to come at the OCC.

May 9 (Reuters) - Staff trust in the Federal Deposit Insurance Corporation's leadership has fallen sharply to well below government averages, with a growing number of workers considering leaving the ...

FDIC Chair Martin Gruenberg on Monday announced he is willing to step down from the agency he has served for nearly two decades once a successor is confirmed, after damning reports of a toxic ...

Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case. The ...

With more than three years of experience as a personal finance writer, Jamela Adam simplifies complex money topics to help readers become experts at managing their finances. Her work has been featured ...

FDIC insures individual bank deposits up to $250,000, reducing depositor risk. FDIC supervises banks to ensure financial stability and soundness. Recent FDIC interventions stabilized banks in the 2023 ...