Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per account holder.

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 ...

The Federal Deposit Insurance Corporation (FDIC) plays a crucial role in safeguarding traditional deposit products. These include checking accounts, savings accounts, money market accounts, and ...

Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...

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 ...

Starting in October 2025, DriveWealth Bank Sweep Deposit Program customers’ cash will be automatically swept into a network of multiple FDIC-insured banks, “enabling coverage of up to $1 million per ...

SMB Banking Platform LiliSignificantly Raises High-Yield Business Savings Account to Earn 4.00% APY And Increases FDIC Insurance Coverage to $3M Lili’s Maximum FDIC Insurance Coverage Raised from $250 ...