— -- Savers who are frustrated with limits on federal deposit insurance could find temporary relief in the $700 billion financial rescue package pending on Capitol Hill. Lawmakers are considering ...
The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...
NEW YORK — When the $2.5 billion NetBank was closed by federal regulators last month, about 1,500 accounts in the online bank had balances that exceeded federal deposit-insurance limits. The owners of ...
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 ...