Key takeaways The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money ...

One Washington victim fell for just such a ruse when a scammer told him his Social Security Number had been compromised. He ...

Pew Research Center defines the middle class as a household with income that is at least two-thirds of the U.S. median income ...

Fortunately, Chicago’s best CD rates come from financial institutions that are protected with FDIC insurance from the Federal Deposit Insurance Corporation or NCUA insurance from the National ...

According to the Federal Deposit Insurance Corporation (FDIC), the national average rate for savings accounts is currently around 0.45%.

This insurance from the Federal Deposit Insurance Corporation (FDIC) covers your money against bank failure for up to $250,000 per depositor and ownership category.