Scott Bessent and Elizabeth Warren both want to raise the deposit insurance cap. A Senate bill proposes a 40-fold increase.

Congress should not expand FDIC deposit insurance. The current FDIC limit is well above what the typical American holds.

Bessent and Warren’s efforts have helped spark a Senate bill that proposes increasing the insurance limit by as much as $10M for certain accounts. For large banks, which are the biggest funders of the ...

Expanding deposit insurance to subsidize smaller midsized banks doesn’t reduce risk: It transfers it to taxpayers.

With your savings, you want to make sure your money is protected no matter what. When it comes to CDs, backing from the Federal Deposit Insurance Corp. means that you can almost always rest assured.

The Federal Deposit Insurance Corporation (FDIC) insures online savings accounts and brick-and-mortar banks. If the bank has FDIC insurance and fails, up to $250,000 per account holder per account ...

Business accounts are FDIC insured up to $250,000 per depositor, per institution, per ownership type. Many, or all, of the products featured on this page are from our advertising partners who ...

The Federal Deposit Insurance Corporation (“FDIC”)-insured commercial banks and savings institutions reported second-quarter 2023 earnings of $70.8 billion, rising 9.9% year over year. The increase ...

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 Federal Deposit Insurance Corporation (“FDIC”)-insured commercial banks and savings institutions reported first-quarter 2024 earnings of $64.2 billion, declining 19.6% year over year. At present, ...

An FDIC proposal dialing back requirements for banks to display the agency’s official sign online and in mobile apps risks ...

Kevin Payne is a freelance writer and family travel and budget enthusiast behind FamilyMoneyAdventure.com. His work has been featured in Forbes Advisor, Credible, CreditCards.com, Bankrate, SlickDeals ...