fdic

When investment firms go bust

CNN Money  Wed, 10/15/2008 - 3:56pm

The FDIC protects against losses on bank accounts, but what happens to your investments if a mutual fund company collapses?



 

FDIC Wants To Raise Deposit Insurance Limit

NPR Programs: Morning Edition  Wed, 10/01/2008 - 7:52am

In Washington Tuesday, the Federal Deposit Insurance Corp. asked Congress to temporarily increase the size of accounts it insures above $100,000.

It's a measure that has the support of presidential hopefuls and leaders of both parties in Congress.

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FDIC announces 10th bank failure of 2008

CNN Money  Fri, 08/29/2008 - 5:02pm

State regulators shuttered a Georgia bank late Friday, marking the tenth bank failure this year.



 

FDIC to boost insurance fund

CNN Money  Tue, 08/26/2008 - 4:34pm

The recent failure of IndyMac has sent the FDIC's insurance fund balance to its lowest levels since 1995.

This is forcing the regulator to boost its reserves by increasing the fees banks pay.



 

Problem bank list keeps growing

CNN Money  Tue, 08/26/2008 - 2:40pm

More banks are in trouble than just three months ago according to the FDIC.



 

Distressed IndyMac borrowers to get relief

CNN Money  Wed, 08/20/2008 - 12:51pm

Six weeks after taking over mortgage lender IndyMac Bank, the FDIC announced a plan on Wednesday to automatically modify some of the bank's most troubled borrowers to keep them in their homes.



 

FDIC takes over 2 more banks, closing 28 branches (AP)

Ytop stories  Fri, 07/25/2008 - 11:49pm

AP - The 28 branches of 1st National Bank of Nevada and First Heritage Bank, operating in Nevada, Arizona and California, were closed Friday by federal regulators.



 

Most banks are safe - so is the FDIC

CNN Money  Mon, 07/21/2008 - 4:43am

The FDIC has gone out of its way to stress that most banks are safe. But how safe is the FDIC?



 

IndyMac: Your money is safe - FDIC

CNN Money  Sun, 07/13/2008 - 4:08pm

The FDIC stressed Sunday that the takeover of failed bank Indymac is largely a "non-event" for most customers.



 

Are foreign bank CDs worth the risk?

CNN Money  Tue, 04/01/2008 - 8:46am

With different banking regulations and no FDIC protection, foreign banks bring additional risk that might outweigh the relative safety of CDs.