FDIC, NCUA and SIPC insurance all protect your money. But do you know how much each one covers?

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...

Each government failure becomes an excuse to do more of what failed. It is sad but not surprising to see this expensive and destructive cycle of failure repeat itself with banking regulation.

When your savings balance climbs above $250,000, it's more than just a financial milestone -- it triggers a set of rules that determine how much of your money is actually protected. The Federal ...

I walked into the bank lobby to deposit a check the other day and saw a big sign meant to reassure customers about Federal Deposit Insurance Corp. protection. Unfortunately, the sign actually misled ...

The Main Street Depositor Protection Act would expose taxpayers to enormous risk, eliminate crucial market discipline and primarily benefit wealthy corporations rather than ordinary Americans. The ...

Rep. Frank Lucas, R-Okla., right, in 2024. WASHINGTON — The House Financial Services Committee has a new package of bills aimed at reforming deposit insurance, including a companion bill to a revised ...

Starting in October 2025, DriveWealth Bank Sweep Deposit Program customers’ cash will be automatically swept into a network of multiple FDIC-insured banks, “enabling coverage of up to $1 million per ...

Proposed increases to deposit insurance coverage would be a giveaway to large banks and wealthy depositors, writes Ken Thomas. Contrary to the industry and even some mainstream media, the real "owners ...