FDIC Chairman Jelena McWilliams announced her resignation Friday in an open letter addressed to President Biden, just weeks after she warned of a "hostile takeover" of the agency by Democrats.

The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of ...

The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down, a departure that follows the release of a damning report about the agency's toxic workplace ...

WASHINGTON— Reports from 4,539 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $71.5 billion in second quarter ...

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 ...

When the Silicon Valley Bank was closed on Friday, depositors were left to wonder how or if they could get the money and assets they had in the bank. Over the weekend, depositors were told by the ...

More than 100 million American households have money in bank accounts protected by the FDIC. The agency’s chairman, Martin Gruenberg, is facing calls to resign after a recent audit and major news ...

The Federal Deposit Insurance Corporation (FDIC) has seized the assets of Silicon Valley Bank Friday, the largest bank to fail since the 2008 financial meltdown, The Associated Press reported. It was ...

(CNN) — The Federal Deposit Insurance Corporation on Friday said that Republic First Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this ...

The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures. Currently, the FDIC ...