A bid summary released by the FDIC Tuesday showed the $129.3 million winning bid was 36 percent less than the highest offer.

GM filed a new application with the Federal Deposit Insurance Corp. to start its own bank in late January after withdrawing a ...

Alternative options if you're the victim of unfair and abusive practices as the consumer watchdog 'winds down.' ...

Banks need to enter the market. Regulatory uncertainty, concerns over volatility, and the perceived risks associated with ...

Discover current average interest rates on savings accounts, and current rates for different types of savings accounts at ...

Listen to this article Suffolk-based TowneBank’s $120 million acquisition of Midlothian’s Village Bank and Trust Financial Corp. has been approved by the FDIC and the Virginia State Corporation ...

GM renews its push for a banking license, hoping for regulatory approval to expand its financial services and lower funding ...

After several Supreme Court decisions and Executive Orders upended many of the norms governing the relationship between governmental agencies and ...

Under its new acting chairman appointed by President Trump, the FDIC charges ahead with its new agenda by rolling back key Biden-era ...

The FDIC was created to protect consumers. FDIC insurance will keep up to $250,000 safe in individual bank accounts, even if ...

The U.S. Federal Deposit Insurance Corporation (FDIC) continues to "resist" transparency efforts regarding alleged past ...

A top US regulator's recent easing of its stance on crypto doesn't mean that the US government's crusade against the industry ...