On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and deceptive” ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LINDSAY, Okla. (KFOR) — Residents in the ...

The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...

The Federal Deposit Insurance Corp. has notable gaps in its preparedness to resolve large regional bank failures, according to a Wednesday report issued by the agency's Office of Inspector General.

Discover FDIC coverage for business accounts, including types insured and coverage limits, ensuring your deposits are ...

The flow of deposits to less stable banks threatens the soundness of the entire financial system. According to a group of economists at the World Bank and International Monetary Fund, “Deposit ...

Recently, the FDIC Office of Inspector General released a report entitled, “FDIC Readiness to Resolve Large Regional Banks,” which evaluated the FDIC’s preparedness to resolve large regional bank ...

Sen. Elizabeth Warren said she is "pleased" the FDIC will evaluate whether the decision to layoff workers at the agency puts ...

The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...