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 ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
Top certificates of deposit (CDs) are paying annual percentage yields (APYs) of over 5.00% right now. That makes them attractive savings vehicles for people who are willing to tie up funds for a set ...
A proposed increase to federal deposit insurance levels for certain business accounts is a necessary reform that will support community banks and the communities they serve, writes Jack Hopkins, of ...
You work hard for your money, it’s only reasonable to expect that those institutions that you trust to protect it actually, well, protect it. Unfortunately, that hasn’t always been the case. Greed and ...
FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured bank, ...