FDIC

The Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Source: fdic.gov

Wells Fargo CEO Says Deposit Insurance Shouldn’t Go Too Far

Wells Fargo CEO Says Deposit Insurance Shouldn’t Go Too Far
Wells Fargo CEO Says Deposit Insurance Shouldn’t Go Too Far
May 02, 2023  |  Banking

Raising the level of deposit insurance for banks should not go too far. Get the Full Story Complete the form to unlock this article and...

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As JPMorgan Scoops Up First Republic, Are Banks Facing Their ‘Minsky Moment’?
As JPMorgan Scoops Up First Republic, Are Banks Facing Their ‘Minsky Moment’?
May 02, 2023  |  Banking

Way back in 1986, the pop band The Bangles had their pulse on what was to come in the banking sector 37 years later.   Get...

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FDIC Supports Higher Deposit Insurance Guarantees for Business Accounts
FDIC Supports Higher Deposit Insurance Guarantees for Business Accounts
May 01, 2023  |  Banking

The Federal Deposit Insurance Corp. (FDIC) favors “targeted coverage” among the options for deposit insurance reform. Get the Full Story Complete the form to unlock...

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McHenry Questions FDIC’s Response to Banking Failures
McHenry Questions FDIC’s Response to Banking Failures
May 01, 2023  |  Regulation

A leading House Republican is questioning the federal government’s response to First Republic Bank’s collapse. Get the Full Story Complete the form to unlock this...

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First Republic Deal Beefs Up JPMorgan’s Affluent Customer Ecosystem
First Republic Deal Beefs Up JPMorgan’s Affluent Customer Ecosystem
May 01, 2023  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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FDIC Sells Failed First Republic Bank to JPMorgan
FDIC Sells Failed First Republic Bank to JPMorgan
May 01, 2023  |  Banking

After weeks of creeping to the edge of collapse, First Republic Bank is no more. Get the Full Story Complete the form to unlock this...

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Report: JPMorgan and PNC Among Bidders for First Republic
Report: JPMorgan and PNC Among Bidders for First Republic
April 30, 2023  |  Banking

PNC and JPMorgan Chase were reportedly among the bidders vying to own First Republic Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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FDIC Sends Cease and Desist Order to Cross River Over Lending Practices
FDIC Sends Cease and Desist Order to Cross River Over Lending Practices
April 30, 2023  |  Digital Banking

Federal regulators have cited Crypto and FinTech-focused lender Cross River Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Report: First Republic Could Seek a Rescue From the FDIC
Report: First Republic Could Seek a Rescue From the FDIC
April 26, 2023  |  News

First Republic Bank is reportedly considering asking the government to take over its operation. Get the Full Story Complete the form to unlock this article...

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