Barchart announced that U.S. banks still face $329 billion in unrealized losses. FDIC data revealed that U.S. banks reduced their unrealized losses from $361 billion in Q2 2023 to $329 billion in Q3.

Commissions do not affect our editors' opinions or evaluations. According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior ...

With the Consumer Financial Protection Bureau (CFPB) shut down and talks of major changes to the FDIC due to DOGE cuts, a lot of Americans are asking the big question: Is my money actually safe in the ...

Aggregate data for 120 Pennsylvania commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. showed year-over-year increases in total assets, which rose 2.4% ...