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

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

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

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

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 ...

Washington — Massachusetts Sen. Elizabeth Warren said Sunday that a proposal from Congress to lift the Federal Deposit Insurance Corporation's (FDIC) insurance cap from its current $250,000 limit is ...

A court filing claims that the Federal Deposit Insurance Corp. is investigating board members of the failed Republic First ...

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.

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 ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...