Congress created the Federal Deposit Insurance Corporation in 1933. A series of bank failures in the late 1920s and early 1930s, during the Great Depression, led to a national financial crisis.

One of the biggest factors influencing current CD rates is the federal-funds rate. As the Federal Reserve began cutting its benchmark rate toward the end of 2024, CD rates fell in response. However, ...

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...

News about Federal Deposit Insurance Corporation, including commentary and archival articles published in The New York Times. Skip to content Skip to site index.

Explore how Federal Reserve regulations now allow banks to engage more freely with cryptocurrency firms and enhance services.

Deposit Insurance, Federal Deposit Insurance Corporation. Accessed November 18, 2024. SoFi Receives Regulatory Approval to Become a National Bank, SoFi. Accessed July 30, 2024.

According to a press release, U.S. District Judge Loren AliKhan’s 59-page decision resolves a long-running lawsuit filed by the Federal Deposit Insurance Corporation in 2017, which claimed Bank ...