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

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

President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutiny of Martin Gruenberg's leadership.

Comptroller of the Currency Jonathan Gould, an FDIC board member, supported the agency’s proposed budget but expects further room to trim it. He also hinted at budget cuts to come at the OCC.

In recent years, bank failures have become rare. Prior to Silicon Valley Bank and Signature Bank failing earlier this month, the last time the Federal Deposit Insurance Corp. (FDIC) took over a ...

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

The FDIC has released a proposed framework detailing how banks could apply to issue payment stablecoins under the GENIUS Act, pending public consultation.

The FDIC proposes a framework under the GENIUS Act outlining how banks can apply to issue payment stablecoins through subsidiaries.