On December 7, the FDIC released its semiannual update on the Restoration Plan for the agency’s Deposit Insurance Fund (DIF). The Federal Deposit Insurance Act (the FDI Act) requires that the FDIC ...
Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...
On November 16, the FDIC approved a final rule to implement a special assessment to recover Deposit Insurance Fund (DIF) losses from protecting uninsured depositors, following the failure of two banks ...
Conservative organizations are warning that a push by some liberals to increase federal deposit insurance is part of a broader strategy to centralize financial power in Washington at the expense of ...
The U.S. Federal Deposit Insurance Corp. projected that its deposit insurance fund reserve ratio remains on track to hit the statutory minimum of 1.35% within the next three years, it said on Tuesday ...
Federal Deposit Insurance Corp. acting Chair Travis Hill on Tuesday suggested the agency consider changing how it calculates the Deposit Insurance Fund's reserve ratio. Hill, in comments at the FDIC's ...