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

Report: Traders Making $70 Million Gamble on USDC’s Future
Report: Traders Making $70 Million Gamble on USDC’s Future
March 13, 2023  |  Cryptocurrency

The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. Get the Full Story Complete the form to...

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USDC Stablecoin Value Recovers After Dipping as Low as 86 Cents
USDC Stablecoin Value Recovers After Dipping as Low as 86 Cents
March 13, 2023  |  Cryptocurrency

The USDC stablecoin has regained its dollar peg after regulators said Silicon Valley Bank depositors would be made whole. Get the Full Story Complete the...

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Biden Calls For ‘Full Accounting’ of SVB Collapse
Biden Calls For ‘Full Accounting’ of SVB Collapse
March 13, 2023  |  Digital-First Banking

President Joe Biden has called for an investigation into the collapse of Silicon Valley and Signature banks. Get the Full Story Complete the form to unlock this article and...

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FDIC Moves SVB Deposits to National Bank of Santa Clara
FDIC Moves SVB Deposits to National Bank of Santa Clara
March 13, 2023  |  Banking

Federal regulators have transferred all deposits from the failed Silicon Valley Bank to a new “bridge bank.” Get the Full Story Complete the form to...

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The Silicon Valley Bank Story No One Has Told
The Silicon Valley Bank Story No One Has Told
March 13, 2023  |  Fintech Investments

It’s almost an eerie coincidence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Signature Bank Shut Down and Placed Under FDIC Control
Signature Bank Shut Down and Placed Under FDIC Control
March 12, 2023  |  Banking

Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. Get the Full Story Complete the form to...

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Yellen Says No Bailout Planned for Silicon Valley Bank
Yellen Says No Bailout Planned for Silicon Valley Bank
March 12, 2023  |  Banking

Treasury Secretary Janet Yellen says the U.S. has no plans for a bailout of the collapsed Silicon Valley Bank. Get the Full Story Complete the...

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As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has collapsed. The regulators have circled the wagons. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has been taken over and closed by a state financial regulator. Get the Full Story Complete the form to unlock this article...

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