The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you've deposited at an FDIC-member bank.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

Top certificates of deposit (CDs) are paying annual percentage yields (APYs) of over 5.00% right now. That makes them attractive savings vehicles for people who are willing to tie up funds for a set ...

Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...

March 10, 2026 The Federal Deposit Insurance Corp. supervises banks and insures deposits so people don't lose t ... Dec. 19, 2009 Will Bank of America will be dropping all FDIC coverage on interest ...

The Independent Community Bankers of America, the trade association that markets itself as The Nation's Voice for Community Banks, is officially supporting the newest legislation to expand federal ...

Last week, Treasury Secretary Scott Bessent and Senator Bill Hagerty (R-TN) took to The Wall Street Journal to defend their proposal for raising the Federal Deposit Insurance Corporation cap from $250 ...