When it comes to bank deposits, $250,000 is the key number experts are talking about in light of recent financial shocks in the banking sector of a severity not seen since the Financial Crisis. That ...

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 ...

Increasing protection on bank deposits would help banks perhaps more than consumers, and it could actually cost consumers more in bank fees. The proposal to raise protection under the Federal Deposit ...

These days, having your bank account insured by the federal government is comforting. That’s because it’s rare to see a bank fail, and many depositors don’t have enough in their accounts to even come ...

Most certificates of deposit (CDs) are insured by the Federal Deposit Insurance Corporation (FDIC) if they’re issued by a member bank. That means your money is protected up to $250,000 per depositor, ...

WASHINGTON (CBS.MW) -- A bill raising federal insurance on bank deposits to $130,000 per account and indexing the coverage amount to inflation overwhelmingly cleared the U.S. House of Representatives ...

The second largest bank failure since the 2008 financial crisis occurred on Friday, March 10, with the collapse of California-based Silicon Valley Bank (SVB). This regional bank, which had over $200 ...