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

FDIC: Banks Pull In $237B In 2018
FDIC: Banks Pull In $237B In 2018
February 22, 2019  |  Banking

Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. 21) that the banking industry pulled in $237 billion...

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First New Community Bank In Decades Headed To US Market
First New Community Bank In Decades Headed To US Market
January 31, 2019  |  B2B Payments

The U.S. is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank...

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Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

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Data Dive, New Releases Edition: Apple, Affirm And U.S. Bank Regulators
Data Dive, New Releases Edition: Apple, Affirm And U.S. Bank Regulators
January 14, 2019  |  Data Dive

The month of January is considered a mixed bag for movie buffs. While a lot of award hopefuls appear on screens in January, the big push for...

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US Banking Industry Had No Failures In 2018
US Banking Industry Had No Failures In 2018
January 10, 2019  |  Economy

U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. According...

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Amid AML Efforts, Regulators Focus On FinTech
Amid AML Efforts, Regulators Focus On FinTech
December 10, 2018  |  Regulation

Much regulatory focus this past week came with headlines on anti-money-laundering efforts, aided by tech. As reported, a number of regulatory agencies — among them...

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FDIC Seeks Public Comment On Banks And Small-Dollar Loans
FDIC Seeks Public Comment On Banks And Small-Dollar Loans
November 14, 2018  |  Loans

The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request for public comments related to small-dollar lending by financial institutions. The...

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FDIC To Help Banks Embrace Tech, Innovation
FDIC To Help Banks Embrace Tech, Innovation
October 25, 2018  |  Banking

The Federal Deposit Insurance Corporation (FDIC) is setting up an office of innovation to encourage banks to adopt financial technology changes. FDIC Chairman Jelena McWilliams...

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Number Of Unbanked Americans Plummets
Number Of Unbanked Americans Plummets
October 24, 2018  |  Consumer Finance

A new survey revealed that the percentage of unbanked Americans fell to the lowest level since the 2007-2009 financial crisis. Data from the Federal Deposit...

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