To ensure that your cash is getting the best return, compare the options among high-yield savings accounts and C.D.s.
Category: Federal Deposit Insurance Corp
-
The $5 Limit on Overdraft Fees May Soon Be Struck Down
The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some tips on how to avoid or reduce your costs.
-
Elon Musk’s Oval Office Talk Dispels Doubts About His Power
Dispelling doubts, the billionaire showed off his unprecedented power to disrupt and remake the government — with President Trump’s blessing.
-
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In trying to find the line between false statements and misleading ones in the case of a Chicago politician, members of the Supreme Court posed colorful questions.
-
High-Yield Savings Accounts Are Still a Good Deal
Interest rates have been falling, but deposits are earning more than inflation.
-
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.
-
Banking Deal Oversight Expected to Get a Major Revamp
The F.D.I.C. and the Justice Department are likely to change how they evaluate mergers and acquisitions in the banking industry.
-
How to Keep Your Money Safe if Your Online Lender Is Not a Bank
The collapse of a little-known intermediary named Synapse Financial Technologies has put a spotlight on the risk that customers face when using popular banking start-ups.
-
$95 Million
The amount unaccounted for after the failure of a company that operated banking software for online financial start-ups.
-
Biden’s Pick to Lead F.D.I.C. Faces Little Resistance in Senate Hearing
Nominated for chair of the Federal Deposit Insurance Corporation, Christy Goldsmith Romero was cheered by Democrats and accepted by Republicans at a hearing.
-
Synapse Bankruptcy: When a Fintech Isn’t a Bank and Savings Accounts Are Frozen
For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings.
-
Christy Goldsmith Romero Nominated to be Next FDIC Chair
Christy Goldsmith Romero has been nominated to be the next chair of the bank regulator that has been shaken by a “toxic” workplace culture.