The Latest Breaking News from FDIC

Financial expert Jayant Mistry shares practical tips to help middle-class earners build savings, budget wisely, and stay secure in an uncertain economy.

People tend to believe their investments remain secure because they use a well-known financial institution. What happens to the company when it faces an unexpected bankruptcy event? Many investors are unaware that their assets may not be as protected as they believe. Financial institutions need to determine their actual asset…

Banking-as-a-Service (BaaS) is quietly reshaping how financial products reach consumers. Apps, fintech startups, and even retailers now offer accounts or cards that look like traditional...

The Fed’s borrowing rate has a direct and immediate impact on saving rates. That means the APY on your high-yield savings account will likely fall alongside the federal funds rate. But a high-yield account is still the most attractive option for savers.

Need a U.S. Bank cashier’s check? Find out how you can get one, what it will cost you and when you should plan on using one for large, secure payments.

Here, financial advisors explain the best and safest investments for those who have oversaved for retirement.

The question posed was: "Where can I put my savings to earn extra interest income?"

High-yield savings accounts (HYSAs) are marketed as safe havens with better interest than traditional accounts. But retirees and savers often overlook the fine print that...

What investors need to know about emergency funds, where to park your money, and when to invest excess cash

When it comes to managing your money, the phrase “risk-free” is comforting. Many bank options are marketed as safe havens for your savings. But not all are as secure as they seem. The truth is, some “risk-free” banking products carry hidden dangers that could catch you off guard. Understanding these…

Most people assume their retirement savings are safe as long as they’re parked in reputable accounts. But that safety net isn’t always guaranteed—especially when it comes to FDIC protection. What many don’t realize is that a few seemingly minor moves can cause your retirement funds to lose FDIC protection without…