The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per ...

The FDIC approved the bank's application on Dec 16. It still requires final approval from the Office of the Comptroller of ...

Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...

Business accounts are FDIC insured up to $250,000 per depositor, per institution, per ownership type. Many, or all, of the products featured on this page are from our advertising partners who ...

When considering where to keep your hard-earned money, you want to be sure of two things: that the investment is safe and that it’s insured. This is especially true when it comes to certificates of ...

The FDIC shuttered Signature Bank more than two years ago now. Isn’t it time for the billions of dollars that the FDIC has collected in selling off the bank’s assets to be distributed to creditors, ...

In coming days, the Federal Insurance Deposit Corp. ("FDIC") will waive several requirements in the plans banks are required to draw up for an orderly wind-down, should a bank fail, what are commonly ...

The Federal Deposit Insurance Corp. estimated in November that the cost of a special assessment related to two bank failures last year would be $16.3 billion, but it later revised that calculation to ...

The one thing investors need to know is that Bitcoin bought through a bank won't be covered by FDIC insurance. Cash held in ...