The FDIC serves as receiver to failing banks and other troubled financial institutions to manage their assets and debts and try to secure a buyer. Taking control of and protecting company assets ...

The Federal Deposit Insurance Corp., the government agency that insures and regulates thousands of banks across the U.S., ...

The FDIC announced it would pay back uninsured deposits in receivership certificates and dividend payments as it sells the ...

Banks have embraced the Federal Deposit Insurance Corp.'s swift reversals on a range of topics, but the regulatory whiplash ...

The Federal Deposit Insurance Corp. plans to propose rolling back a Biden-era policy that had stepped up scrutiny of large bank mergers, according to people familiar with the matter. The proposal to r ...

Deposit Insurance - Are the deposits at my bank FDIC-insured? Deposits held at FDIC-insured depository institutions are insured up to $250,000 per depositor for deposits held in the same “right ...

This action was surfaced by Law.com Radar, which delivers real-time alerting on new litigation across more than 2,600 state ...

Silicon Valley Bank's former parent may pursue a lawsuit to recover $1.93 billion of deposits that the Federal Deposit Insurance Corp seized following the bank's March 2023 collapse, a federal judge ...

A Receiver's Certificate is a document that ... You'll have to wait until your money is moved to another FDIC-insured bank or mailed to you as a check in order to have access to it.

Independence Bank was ordered to pay $3.5 million in restitution after the lender allegedly charged illegal fees for Small ...

The agency had argued that the deposits were controlled by the FDIC in its capacity as Silicon Valley Bank's receiver, a different legal entity that the former parent is also suing. Freeman also ...