Page 46 - Fdic News Today

Many people use social media to stay connected, but Nevada State Bank is using it to give away $20,000 to three Nevada public schools. Nevada State Bank believes in the importance of education and the difference it makes in the community. The bank continually strives to volunteer and invest in the future of the state’s children.

FDIC, NCUA, and SIPC insurance provides important protection for your savings and investments but what are the limits? How much of your money is covered? There are several organizations that have been set up to protect consumers' financial assets — the FDIC which covers deposits in banks and savings associations, the NCUA which does the same for most credit unions and the SIPC which covers investors' assets. It's important to be aware of your rights and how these institutio...

The Korea Deposit Insurance Corporation (KDIC) and the Federal Deposit Insurance Corporation (FDIC) have agreed to enhance mutual cooperation and strengthen information sharing between the two organizations. The FDIC is a U.S. government corporation that supplies deposit insurance to depositors in American commercial banks and savings banks.

U.S. regulators are facing the challenge of addressing examiners reluctance to raise red flags in the banking system, a problem that has persisted for years. The postmortems on the failures of First Republic Bank, Silicon Valley Bank, and Signature Bank reveal that regulators identified major problems but acted too slowly.

Democrats are split over the issue of tougher bank regulations, as some of the party's lawmakers join their Republican colleagues in questioning the proposed...

As the Federal Reserve has kicked up interest rates, cash is providing real returns for the first time in years. What experts think you should know.

The FDIC released its quarterly look at the banking industry, showing that deposits dropped again in the second quarter and a key measure of profitability tightened.

Bank earnings fell 11.3% in the second quarter due to the impact of three bank failures, and they will continue to face headwinds from commercial real...

A top U.S. banking regulator is set on Tuesday to propose heightened rules to ensure regional banks can be safely dissolved in times of stress. The Federal Deposit Insurance Corporation (FDIC) will vote on five separate proposals at a meeting, all aimed at ensuring banks with over $100 billion in assets are prepared for their own potential failures, and can be taken apart smoothly and quickly. The push comes in the aftermath of a tumultuous spring that saw three larger banks fail, forcing regu...

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