Payment stablecoin holders won’t be eligible for federal deposit insurance even if their assets are held at insured banks, the federal regulator charged with overseeing the bank backstop said.

FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users ...

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 ...

NEW YORK -- U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.'s new proposal to ease ...

Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs would be reflected in higher fees and reduced availability of credit, writes ...

Dallas Fed President Lorie K. Logan listed some arguments for raising the Federal Deposit Insurance Corp.’s $250K limit on bank customers’ insured deposits in a speech on Thursday at a Dallas Fed ...

The FDIC is an independent government agency headquartered in Washington, D.C. that oversees the banking industry. Its primary duty is to insure deposits at U.S. banks. The FDIC also supervises and ...

How many CDs can you have at one bank? Most banks don’t limit the number, but FDIC insurance only covers up to $250K per depositor. Learn more.

Proposed increases to deposit insurance coverage would be a giveaway to large banks and wealthy depositors, writes Ken Thomas. Contrary to the industry and even some mainstream media, the real "owners ...