The Latest Breaking News from FDIC

Today’s update is about an eight-minute read that will brief you on the day’s biggest stories.

What's the dirtiest word in financial policy?

Authorities say they’ve recovered $59 million toward the money lost when they shut down Washington Federal Bank for Savings, but they’re still out another $81 million, records show.

A new account might be the fastest way to increase your savings these days, but experts say it’s not the only way.

Here are the top-yielding 3-year CDs — with some accounts paying up to 5.13%.

Depositors have started to move their money from bank accounts to money market funds, in part because of ongoing concerns about the banking crisis and also offers of higher returns, according to a recent report from financial services company Morningstar.

The abrupt failures of Silicon Valley Bank and Signature Bank and subsequent concerns about the stability of other banks have reignited a fierce debate among lawmakers, the financial industry, the Biden administration and former government officials about an array of banking reforms and regulatory changes.

Former SVB bankers Jake Moseley and Matt Trotter talk about their decision to join Stifel and the gaping hole left by SVB in venture lending.

Primis Bank offers low-cost account options and various customer service options. Consumers looking for a bigger bank with high APYs across the board may not be sold.

Here’s our list of the highest CD rates at every term length from close to 80 different banks and credit unions, ranging from 3 months to 10 years.

Investors are piling into cash. Here are some strategies for getting the most out of your money.