fdic’s - Shore News Network

Explainer-What is the FDIC’s deposit insurance fund used to backstop failed banks?

March 27, 2023

By Hannah Lang (Reuters) – The Federal Deposit Insurance Corp (FDIC) and its flagship deposit insurance fund have been active since the Great Depression to …

Raising FDIC’s deposit protection limit should be considered -U.S. Senate majority leader

March 22, 2023

WASHINGTON (Reuters) – A proposal to raise the Federal Deposit Insurance Corporation’s $250,000 limit for protecting depositors’ accounts should be considered, but any costs should …