The Latest Breaking News from FDIC

At least $60 billion in online fraud occurs annually, but faulty enforcement helps fraudsters escape punishment

WASHINGTON — Firms that issue or trade stablecoins are looking to secure banking licenses, largely as a signal to customers that the coins are safe as bank deposits.

Firms that issue or trade stablecoins are looking to secure banking licenses, largely to signal that the coins are safe as bank deposits.

If you want to keep your savings safe but they exceed FDIC and NCUA limits, it's time to open multiple accounts, preferably ones with high yields.

Advocates of postal banking say a current trial is a dud and are eyeing a House appropriations bill that would set up a new test.

The jury heard roughly three-and-a-half days of testimony in Thompson’s trial last week, mostly from government witnesses. The trial began nine months after the feds hit Thompson with an indictment charging him with two counts of lying to regulators and five counts of filing false federal income-tax returns.

A federal prosecutor told the jury that "no one is so big, no one is so important, that they can’t be held accountable for their criminal conduct."

Your heirs will thank you for leaving any of these six assets as an inheritance.

These valuables and documents, along with some items you hold dear, should be stored securely at your bank.

Locking up certain important documents and valuables in a bank vault could turn into a headache for you or your heirs.

The credit score-tracking startup is the latest fintech firm to offer a high-yield savings account. But with the Federal Reserve expected to cut interest rates further, the companies' promise of "high yield" is fluctuating.