The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...
FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, announced the launch of its automated sweep feature ...
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 ...
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 ...
Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their customers, with Bluevine leading the way as a pilot client Galileo facilitates the ...
SMB Banking Platform LiliSignificantly Raises High-Yield Business Savings Account to Earn 4.00% APY And Increases FDIC Insurance Coverage to $3M Lili’s Maximum FDIC Insurance Coverage Raised from $250 ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...