FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...

The per depositor, per bank, per ownership category rule lets a married couple insure $1 million at one bank using just three accounts. Naming five beneficiaries on a revocable trust account pushes ...

She did everything right, spreading her retirement cash across two FDIC-insured banks so every dollar had a safety net. Then ...

The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures.

About the authors: Aaron Klein is the Miriam K. Carliner chair and senior fellow at Brookings Institution. He served as U.S. deputy assistant secretary of Treasury from 2009-12. Jill Castilla is ...

Money apps are often nonbank fintechs that offer services through FDIC-insured partner banks. Pass-through coverage provides FDIC insurance for eligible deposits held at partner banks on customers' ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

yes Subscribe to our daily newsletter, PYMNTS Today. Silicon Valley Bank, which had a number of technology startups and high-net-worth venture capitalists as clients, held a high number of so-called ...

Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs would be reflected in higher fees and reduced availability of credit, writes ...