Topic - Federal Deposit Insurance Corp

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The Federal Deposit Insurance Corporation (FDIC) seal is shown outside its headquarters, March 14, 2023, in Washington. On Monday, May 1, the FDIC recommended that the U.S. rethink its decades-old policy of insuring up to $250,000 in bank deposits and replace it with an overhaul that would allow regulators to cover higher amounts on a “targeted” basis. (AP Photo/Manuel Balce Ceneta, File)

FDIC recommends overhauling U.S. insurance deposit system

By Sharon L. Lynch - Associated Press

First Citizens to acquire troubled Silicon Valley Bank

Associated Press

A person enters the Signature Bank headquarters in New York, Monday, March 13, 2023. President Joe Biden is telling Americans that the nation’s financial systems are sound. This comes after the swift and stunning collapse of two banks that prompted fears of a broader upheaval. (AP Photo/Yuki Iwamura)

New York Community Bank to buy failed Signature Bank

By Ken Sweet - Associated Press

A pedestrian passes a Silicon Valley Bank Private branch in San Francisco, Monday, March 13, 2023. Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures. Regulators closed the Silicon Valley Bank on Friday after depositors rushed to withdraw their funds all at once. (AP Photo/Jeff Chiu)

Biden’s ‘bailout’ a step toward government control of banking system, economists say

By Jeff Mordock - The Washington Times

Twenty dollar bills are counted on June 15, 2018, in North Andover, Mass. The number of Americans who do not have a bank account fell to a record low last year, as the proliferation of online-only banks and an improving economy is bringing more Americans into the traditional financial system, according to a report Tuesday, Oct. 18, 2022. (AP Photo/Elise Amendola, File)

Record number of Americans have bank accounts, gov’t says

By Ken Sweet - Associated Press

FILE - In this March 24, 2020 file photo, a Chase bank employee, right, disinfects the branches ATMs to fend off coronavirus as a customer uses another in the Flushing neighborhood of the Queens borough of New York. More Americans than ever obtained a basic bank account in 2019, the Federal Deposit Insurance Corp. said Monday, Oct. 19, 2020. But the report did not take into account the coronavirus pandemic and historic recession, government experts warned, and it's highly likely that a number of Americans will end up unbanked yet again. (AP Photo/Mary Altaffer, File)

Report showing gains in bank access overshadowed by COVID

By KEN SWEET - Associated Press

FILE - In this March 24, 2020 file photo, a Chase bank employee, right, disinfects the branches ATMs to fend off coronavirus as a customer uses another in the Flushing neighborhood of the Queens borough of New York. The U.S. banking industry’s second quarter profits fell by 70% from a year ago, the FDIC said Tuesday, Aug. 25 as low interest rates and the economic turmoil of the COVID-19 pandemic weighed heavily on big and small banks alike. (AP Photo/Mary Altaffer, File)

Bank profits slump 70% as virus rakes businesses, households

By KEN SWEET - Associated Press

FDIC reshaping with early retirements, some office closings

By MARCY GORDON - Associated Press

FILE - In this July 18, 2012, file photo, a pedestrian walks past credit card logos posted on a downtown storefront in Atlanta. The Federal Deposit Insurance Corporation says the number of Americans who do not have a bank account fell to a record low last year; one sign that the economic fortunes of the country's most vulnerable people continues to improve. Approximately 6.5 percent of U.S. households were unbanked, or do not have a primary bank account, in 2017 the FDIC said Tuesday, Oct. 23, 2018. (AP Photo/David Goldman, File)

Americans who don’t have a bank account at lowest level ever

By KEN SWEET - Associated Press

Federal regulators close Milwaukee-based Guaranty Bank

Associated Press