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Flourish Cash Announces Increase in FDIC Insurance

Two-person Households Now Eligible to Receive up to $12M in FDIC Insurance Through Its Program Banks. ....

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Nearly 25% of Americans Say the Safest Place To Keep Cash Is at Home — How Much Do They Keep on Hand?

According to a recent GOBankingRates survey, nearly 25% of Americans say the safest place to keep their cash is at home. Yet, by and large, few respondents indicated they actually do keep significant. ....

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JPMorgan, BofA Set to Pay Nearly $8.9 Billion After Banking Chaos

JPMorgan tops the list as the biggest contributor to the FDIC's insurance deposit fund, expected to pay $3 billion, per Bloomberg. ....

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Uninsured depositors remain a ticking time bomb for the U.S. banking system

Uninsured deposits are currently around 40% of all U.S. bank deposits–up from only 20% three decades ago. ....

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Big Banks May Cover 95% of the Cost to Refill FDIC Insurance Fund

The FDIC wants to start imposing a fee on 113 banks to replenish the fund it uses to insure depositors. ....

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