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 ...
On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and deceptive” ...
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FDIC insurance: What it is and how it works
The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...
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4 top features of trustworthy banks
Various characteristics in a bank can help customers feel safe and confident about keeping their money there. Four such pillars of trust include: These four pillars are necessary for one vital aspect ...
Congress approved and President Barack Obama signed on July 21 financial reform legislation that includes, in part, provisions making the temporary $250,000 federal deposit insurance coverage limit ...
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