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

Financial Regulators Face Deepest Personnel Cuts in Decades
Financial Regulators Face Deepest Personnel Cuts in Decades
May 07, 2025  |  Regulation

Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Get the Full Story Complete the form to unlock...

READ MORE >
California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks
California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks
May 05, 2025  |  Banking

FinTech sponsor banks have had a difficult 18 months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Federal Agency Clarity Will Impact Policy for Crypto Custody and Banking
Federal Agency Clarity Will Impact Policy for Crypto Custody and Banking
April 28, 2025  |  Cryptocurrency

The cryptocurrency growth roadmap has moved from the fringes to the financial mainstream in America. Get the Full Story Complete the form to unlock this...

READ MORE >
Banking Regulators Withdraw Statements That Discouraged Bank Involvement With Crypto
Banking Regulators Withdraw Statements That Discouraged Bank Involvement With Crypto
April 24, 2025  |  Cryptocurrency

The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve have withdrawn earlier warnings that cast a chill over banks’ involvement with cryptocurrencies. Get the...

READ MORE >
Report: Democratic Senators Demand Synapse Records From Federal Reserve
Report: Democratic Senators Demand Synapse Records From Federal Reserve
April 22, 2025  |  Bank Regulation

Four Democratic senators are reportedly demanding the Federal Reserve release records related to last year’s collapse of the FinTech company Synapse. Get the Full Story...

READ MORE >
Reports: FDIC Plans Further Staff Reduction
Reports: FDIC Plans Further Staff Reduction
April 21, 2025  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) reportedly plans to make a further staff reduction, eliminating another 750 positions in addition to the 500 it cut...

READ MORE >
FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification
FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification
April 18, 2025  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassified consumer credit...

READ MORE >
Treasury Department Takes Lead in Efforts to Ease Banking Regulation
Treasury Department Takes Lead in Efforts to Ease Banking Regulation
April 17, 2025  |  Bank Regulation

The Treasury Department is reportedly taking the lead in the Trump Administration’s efforts to streamline oversight and ease regulation in the banking sector. Get the Full Story Complete...

READ MORE >
Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
April 14, 2025  |  Bank Regulation

Bank of America will reportedly pay $540.3 million following a judge’s ruling in a lawsuit in which the Federal Deposit Insurance Corp. (FDIC) accused the...

READ MORE >