Profits for U.S. banks skyrocketed in 2012, a report from the Federal Deposit Insurance Corp. finds today. According to Bloomberg, U.S. banks made $141.3 billion in net income last year. That is the ...

The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of NOVA Bank, Berwyn, Pennsylvania. The bank was closed today by the Pennsylvania Department of Banking and ...

The largest U.S. banks are getting hit with larger payments under a Federal Deposit Insurance Corp. effort to reallocate the cost of the nation’s failing banks, but the move is benefitting many New ...

A Federal Deposit Insurance Corp. effort to redistribute the cost of failing banks is taking a bigger bite out of the bottom line of the country’s largest financial institutions, while giving a shot ...

WASHINGTON -- U.S. banks would have to keep a bigger cushion against unexpected losses under rules proposed by the Federal Deposit Insurance Corp. The requirements are intended to prevent another ...

A new bank fee is cropping up. The Federal Deposit Insurance Corp., in a letter sent to banks, said it has “received a number of complaints from depositors” stating that their institutions are ...

WASHINGTON (AP) - Federal regulators have seized 4 banks, one each in Illinois, North Carolina, South Carolina and Oklahoma, bringing to 28 the number of U.S. banks that have failed so far this year.

FDIC problem bank list shrinks, but some Twin Cities lenders still troubled The Federal Deposit Insurance Corp.'s list of problem banks has fallen to its lowest level in three years. The list is now ...

SAN FRANCISCO--(BUSINESS WIRE)--FDIC litigation activity associated with failed financial institutions has increased markedly in the fourth quarter of 2012, after a lull during the second and third ...

WASHINGTON — A government survey shows about 821,000 U.S. households lost access to basic banking services between January 2009 and June 2011. Roughly 10 million U.S. households, or 8.2 percent, have ...

Seattle, WA (February 21, 2012) — True North, a leading manufacturer of quality bags, backpacks and fire resistant clothing, is pleased to announce the 2012 FDIC Scholarship. The scholarships will ...