On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and deceptive” ...
Regulators announced a plan to raise deposit insurance coverage, promising greater protection for savers if a bank fails. The ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LINDSAY, Okla. (KFOR) — Residents in the ...
A court filing claims that the Federal Deposit Insurance Corp. is investigating board members of the failed Republic First ...
The Federal Deposit Insurance Corp. has notable gaps in its preparedness to resolve large regional bank failures, according to a Wednesday report issued by the agency's Office of Inspector General.
On Friday, November 21, the Federal Deposit Insurance Corp bowed to the demands of the US banking industry and improved the terms of the guarantee of newly issued senior unsecured bank debt that it ...
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FDIC insurance: What it is and how it works
The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in ...
The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...
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