Business Insider6y
It's just dumb to put more than $250,000 in one bank account if you're rich
Since the Federal Deposit Insurance Corporation was created ... The only catch with the FDIC is the $250,000 cap. For example, if you deposit exactly $250,000 into a savings account, any interest ...
federalnewsnetwork.com10d
When the FDIC took extraordinary action and it paid off
The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.
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Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers
Among the changes in store once President-elect Donald Trump takes office could be the closure of the Federal Deposit Insurance Corporation ... "For example, one proposal is to have Treasury ...
Federal Mortgage Insurer to Lay Off About Half Its Workforce (2)
The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage ...
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FDIC insurance: What it is and how it works
Bank of North Dakota, for example, is not FDIC-insured. Instead, it is backed by the full faith and credit of the State of North Dakota. Credit unions are regulated differently from banks and have ...
American Banker10d
FDIC likely subject to EO on federal workforce reduction
The Federal Deposit Insurance Corp. and other independent agencies will likely need to identify positions not explicitly ...
FDIC said to axe probationary staff as Trump seeks to shrink federal workforce
The Federal Deposit Insurance Corp. reportedly fired an unspecified number of probationary employees on Monday, following ...