Funds deposited at different branches of the same bank are not separately insured. Here are some important points to know: The FDIC only insures deposits held at banks and other government-backed ...

Are annuities FDIC insured? Because they aren’t traditional bank deposits like checking or savings accounts, they have different protections.

"It's not personal insurance for miscellaneous losses." While the FDIC operates independently, when you deposit money in an FDIC-insured account, it's the U.S. government that guarantees your ...

SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC's regulations. Any additional ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

A common concern about credit unions is that they’re not insured by the Federal Deposit Insurance Corporation, or FDIC. However, even though credit unions are not subject to FDIC insurance ...

Your money will not be lost. It is usually transferred to another bank with FDIC insurance, or you'll receive a check. Savings accounts, checking accounts, money market accounts, and CDs are ...

The good times may not last, particularly if recent recession predictions are correct. Since 2001, 562 FDIC-insured banks have gone under. Most failed during the Great Recession years of 2009 and ...

On the same day, the FDIC wrote a letter allowing banks to engage in crypto-related activity without prior approval, while ...