The Latest Breaking News from FDIC

Most banks and credit unions will require your ID, proof of address, and date of birth.

What Is the FDIC? Why Was It Created? The Federal Deposit Insurance Corp., otherwise known as the FDIC, was forged in the aftermath of the Great Depression by President Franklin Delano Roosevelt, as part of a national financial industry reform initiative. The agency's famous tagline is ...

Set against the backdrop of the Great Depression, the 1946 classic, It’s a Wonderful Life, centers around themes of love, family, and redemption, but its most memorable scene happens during one of its darkest moments. Banker George Bailey, portrayed by Jimmy Stewart, had put aside his own ...

Mutual funds allow investors to lower their risk by investing in a basket of assets but not every mutual fund is the same. Here are the different types of mutual funds and how they work.

APY is important, but you should also consider how easily you can access your funds when comparing the two account types.

Cryptocurrency prices are climbing, but traditional financial services companies are cooling on crypto.

The fintech company has checking and savings accounts but no money market or CDs.

Penalty-free CDs but limited account options and steep deposit requirements.

Digital bank Cogni appears to be the first FDIC-insured bank to offer a noncustodial wallet to customers.

In two votes Monday, the Senate confirmed three members of the FDIC board and one of them, Martin Gruenberg, to become chairman.

Green Dot review: The bank offers 2% APY on high-yield savings but no checking, money market, and certificate of deposit accounts.