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The Latest Breaking News from FDIC

EDGE Markets Partners with zerohash to Enable Compliant Crypto Funding for EDGE Boost Accounts

NEW YORK, May 20, 2026 /PRNewswire/ -- EDGE Boost by EDGE Markets, a first-of-its-kind banking solution designed to support gaming, event futures and derivative markets in the U.S., announced today a partnership with zerohash to enable secure and compliant crypto-to-USD movement capabilities for users in all 50 states1. Through the…

AAP

Is this why retirees still struggle despite a new Social Security COLA forecast? Two ways to earn 4% on your money before the COLA arrives

A projected 3.9% Social Security COLA adjustment is making headlines — but millions of retirees don't need to wait until October to protect their purchasing power. The projected Social Security COLA increase comes after inflation accelerated sharply during March and April. Prices are now rising at their fastest pace in…

The Economic Times

Chime Financial CEO Says Consumer Spending Holds Up as New Products Gain Traction

Chime Financial (NASDAQ:CHYM) co-founder and Chief Executive Officer Chris Britt said the company is seeing resilient consumer activity, stronger product engagement and early traction from newer offerings, even as investors continue to question the outlook for lower- and middle-income consumers. Sp

MarketBeat

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Flagstar Bank Touts Turnaround Progress, Eyes Capital Returns as CRE Exposure Falls

Flagstar Bank, National Association (NYSE:FLG) executives said the company has made significant progress stabilizing its balance sheet and repositioning its business model, while acknowledging that the turnaround remains a work in progress. Speaking at an investor conference, Chairman and CEO Josep

MarketBeat

How Many CDs Can You Have at One Bank? What FDIC Rules Actually Allow

Money parked in certificates of deposit often feels like the safest seat in the financial world—but even the safest seat comes with rules. Savers frequently stack multiple CDs at one bank to chase higher rates, build ladders, or segment their goals. That strategy works beautifully—until confusion about FDIC insurance creeps…

The Free Financial Advisor

Central bank bosses enlist for war game to gauge threat of Lehman-style bust

Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bank

The Guardian - UK

J.P. Morgan Predicts No Rate Cuts in 2026: Winners, Losers and the Dollar Impact

J.P. Morgan predicts no rate cuts this year. Who will gain and who will pay if the Federal Reserve doesn't cut interest rates in 2026? Find out more now.

GOBankingRates

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Staying with Your Current Bank Could Be Costing You 4% Interest This Year

Is your money sitting in a traditional savings account earning a measly 0.01 percent interest? It is a frustrating reality for millions of Americans who stay loyal to big banks while inflation eats away at their purchasing power. You might feel safe with a household name, but that loyalty is…

Budget and the Bees

4 Steps to Take if You Hold More Than $250K in One Bank

Money sitting in a bank should feel safe. Not “probably fine,” not “it’ll work out,” but locked-down, sleep-easy, zero-stress safe. That feeling disappears fast once a balance creeps past $250,000, because that number carries real consequences that too many people ignore until it’s too late.

The Free Financial Advisor

Why Upstart’s Bank Charter Bet Could Change Everything

Upstart Holdings is applying for a national bank charter to access low-cost deposits and reduce its reliance on third-party capital markets for loan funding.

MarketBeat

How to set and invest your emergency fund

Here’s how to figure out how big your emergency fund should be, and how you should invest it

The Independent UK

4%+ Savings Rates Are Back — But Some Offers Come With FDIC Fine Print Seniors Miss

Returns have been absolutely horrific for years, but there’s good news for savers FINALLY. Rates above 4% are back! Banks have started advertising them everywhere,...

Saving Advice

Car companies can now operate their own banks – what it could mean for your loan

New vehicles are getting more and more expensive for consumers, with average prices exceeding $50,000 and longer loan terms increasingly common

The Independent UK

8 Ways To Use Your Bank’s Products & Services To Build and Protect Wealth

GOBankingRates spoke with Teri Williams, president and COO of OneUnited Bank, to learn strategies that can help improve your financial future.

GOBankingRates

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Roll Call

Lawmakers seek to embed financial services rules into legislation - Roll Call

House Republicans are working on bills to give financial regulations more durability by embedding them into law.

Kiplinger

Online Banks Still Lead on Rates, But Is Switching Worth it Now?

As interest rates trend down, online banks keep an edge on yields, but service, access and flexibility still matter. Here’s how the trade-offs stack up.

International Business Times

PayPal Files With Regulators to Launch Bank Focused on Small Business Needs

PayPal plans to launch PayPal Bank to provide small businesses with loans, savings accounts, and better financial tools.

Kiplinger

CD vs. Money Market: Where to Put Your Year-End Bonus Now

Falling interest rates have savers wondering where to park cash. Here's how much $10,000 earns in today's best CDs versus leading money market accounts.

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The Guardian - UK

US regulators ‘taking seriously’ allegations of bankers’ support for Epstein

Exclusive: It follows calls from US senator Elizabeth Warren to investigate bank executives including ex-Barclays boss Jes Staley

GOBankingRates

Banking Expert: 8 Ways To Use Your Bank’s Products & Services To Build and Protect Wealth

GOBankingRates spoke with Teri Williams, president and COO of OneUnited Bank, to learn strategies that can help improve your financial future.

Saving Advice

Regional Bank Collapse Risk: 3 Signs Your Savings Account Is Exposed

Regional banks play a critical role in local economies, serving small businesses and households that rely on community-based financial institutions. Yet in 2025, many of...

International Business Times UK

Bitcoin Crash Adds Pressure on SoFi Stock as Fintech Investors Face Double Whammy

SoFi as a bank and lender now gaining crypto exposure, potentially affecting its fintech stock.

Roll Call

Senate Banking backs Hill for FDIC chairman along party lines - Roll Call

The Senate Banking Committee backed acting Director Travis Hill for confirmation to lead the FDIC, an agency troubled by its work culture.

Dinks Finance

8 Smart Investments for People Who Hate Risk

Not everyone wants to ride the emotional rollercoaster of the stock market. For some, the thought of losing even a small portion of their savings keeps them awake at night. The good news is that wealth-building doesn’t require high-stakes gambling or aggressive trading. There are plenty of smart investments designed…

GOBankingRates

How Much Monthly Income Could You Get from 1% of Elon Musk’s Wealth?

Here's a look at how much just 1% of Musk's net worth is, and how much income you could earn by investing it.

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