The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money ...

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

Depending on the high-yield savings account, you might need to meet certain opening deposit or minimum balance requirements ...

The interest-earning potential of an account of this size remains robust, even after recent interest rate cuts.

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

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 ...

The FDIC inspector general said internal and external reviews found little evidence to support a whistleblower's allegations ...

When you open a deposit account, such as a savings or checking account, you may see a notice stating the account is FDIC-insured. The Federal Deposit Insurance Corporation (FDIC) is an independent ...

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

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 ...

FDIC Chair Martin Gruenberg is facing a firestorm following reports of a toxic workplace at the agency, leading a growing number of GOP lawmakers to call for him to step down. Republicans are ...

Discover how gross cash recovery (GCR) impacts asset liquidation processes, expressed as a percentage of book value, and how it is used during bank closures.