Currently, the amount of money that Canadians can get back if a bank shuts down is limited to $100,000 per category of ...

The federal government is squandering an easy opportunity to boost competition with a proposal to insure deposits up to ...

The FDIC’s Electronic Deposit Insurance Estimator, or EDIE, gives consumers and bankers alike the ability to know, on a per-bank basis, how insurance rules and limits apply to one’s group of ...

The Federal Deposit Insurance Corporation, or FDIC, was established in 1933 during the Great Depression in order to restore the public's confidence in the U.S. banking system. Initially, deposits ...

FDIC insurance coverage includes checking and savings accounts, money market deposit accounts, retirement savings, cashier’s checks and money orders. FDIC insurance does not cover financial products ...

Wealthsimple is set to offer its users three times more deposit insurance coverage than the standard set by the Canada Deposit Insurance Corporation (CDIC), which guarantees all Canadian bank deposits ...

The FDIC insurance limit is $250,000 per person, per bank, per ownership category. Here are some examples of what your coverage may look like, depending on whether you’re single or married and ...

Consultation on changes to Canada's deposit insurance framework open until Sept. 26 The federal government is looking for feedback on changes to Canada's deposit insurance framework that could see the ...

(August 10) – “The Federal Deposit Insurance Corp. released a report on plans to update the banking-insurance program, including a controversial proposal to double a bank’s maximum coverage to ...

U.S. Treasury Department staff are studying whether federal regulators have enough emergency authority to insure deposits above the current $250,000 cap on accounts without the consent of Congress, ...

FDIC insurance coverage is limited to the standard maximum deposit insurance amount (“SMDIA”) of $250,000 per depositor, per FDIC-insured bank, per ownership category.