The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of NOVA Bank, Berwyn, Pennsylvania. The bank was closed today by the Pennsylvania Department of Banking and ...

Profits for U.S. banks skyrocketed in 2012, a report from the Federal Deposit Insurance Corp. finds today. According to Bloomberg, U.S. banks made $141.3 billion in net income last year. That is the ...

A Federal Deposit Insurance Corp. effort to redistribute the cost of failing banks is taking a bigger bite out of the bottom line of the country’s largest financial institutions, while giving a shot ...

The largest U.S. banks are getting hit with larger payments under a Federal Deposit Insurance Corp. effort to reallocate the cost of the nation’s failing banks, but the move is benefitting many New ...

A new bank fee is cropping up. The Federal Deposit Insurance Corp., in a letter sent to banks, said it has “received a number of complaints from depositors” stating that their institutions are ...

FDIC problem bank list shrinks, but some Twin Cities lenders still troubled The Federal Deposit Insurance Corp.'s list of problem banks has fallen to its lowest level in three years. The list is now ...

In recent years, bank failures have become rare. Prior to Silicon Valley Bank and Signature Bank failing earlier this month, the last time the Federal Deposit Insurance Corp. (FDIC) took over a ...

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 ...

Seattle, WA (February 21, 2012) — True North, a leading manufacturer of quality bags, backpacks and fire resistant clothing, is pleased to announce the 2012 FDIC Scholarship. The scholarships will ...