PayPal files with Utah and the FDIC to launch PayPal Bank, an industrial loan company offering small business lending and ...

PayPal has applied to create its own bank, filing with Utah regulators and the FDIC to establish PayPal Bank, an industrial ...

The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

The payment giant is seeking approval to launch PayPal Bank, which would offer business loans, savings accounts, and FDIC ...

The Federal Deposit Insurance Corporation (“FDIC”)-insured commercial banks and savings institutions reported third-quarter 2025 earnings of $79.4 billion, which increased 21.4% year over year. Banks, ...

The Federal Deposit Insurance Corporation (“FDIC”)-insured commercial banks and savings institutions reported third-quarter 2023 earnings of $68.4 billion, declining 4.6% year over year. At present, ...

The FDIC rules signal that stablecoin issuers will not be allowed to operate anonymously or with opaque leadership, in an ...

FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured bank, ...

The Federal Deposit Insurance Corp. issued a proposal setting application criteria for banks to issue stablecoins and sets a ...

The collapse of the Silicon Valley Bank in March 2023 left many depositors worrying about the safety of their bank deposits and by extension, their brokerage account deposits. You might be wondering: ...

The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...

Certificates of deposit are federally insured, which makes them a safe way to save money. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...