Expanding deposit insurance to subsidize smaller midsized banks doesn’t reduce risk: It transfers it to taxpayers.

Proposals are now circulating in Washington to increase deposit insurance limits radically, including the bill from Sens.

Scott Bessent and Elizabeth Warren both want to raise the deposit insurance cap. A Senate bill proposes a 40-fold increase.

Congress should not expand FDIC deposit insurance. The current FDIC limit is well above what the typical American holds.

Deposit accounts are one of the most common tools used in day-to-day personal banking. There are two government agencies responsible for protecting the money in these accounts.

NEW YORK, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Flourish, a platform that provides innovative access to financial products that help registered investment advisors (RIAs) improve their clients’ financial ...

Business accounts are FDIC insured up to $250,000 per depositor, per institution, per ownership type. Many, or all, of the products featured on this page are from our advertising partners who ...

Our team reviewed 154 of the country’s largest and most prominent financial institutions, from big banks like Chase and Bank of America to credit unions like Navy Federal Credit Union and PenFed ...

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...

New York, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Flourish, a platform that provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial ...