The Latest Breaking News from FDIC

If your crypto exchange goes under, you could have a difficult time recovering your money.

Current is putting a spin on traditional banking, but its digital-first approach may not be the best fit for every consumer.

Savers might find that UFB’s high rates complement their existing banking relationship.

WASHINGTON — A bipartisan group of senators is supporting “industrial loan company” charters, a move that puts them at odds with House legislation over a controversial pathway for financial technology companies to access the traditional banking system.

Nine senators from both parties are urging the FDIC to give fair consideration to industrial loan company charters.

The number of Americans who do not have a bank account fell to a record low last year, as the proliferation of online-only banks and an improving economy is bringing more Americans into the traditional financial system

If you’re looking to invest money for the short term, you’re probably searching for a safe place to stash cash before you need to access it in the not-so-distant future. The volatile markets and slumping economy led many investors to hold cash as the coronavirus crisis dragged on — and…

Authorities are trying to determine whether the money Marek Matczuk lost gambling came from the millions he never repaid Washington Federal Bank for Savings.

The Fed and FDIC consider how to test banks' resilience under various climate scenarios, but say they aren't stress tests.

Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded.

Complaints of partisanship go on regardless which party is trying to update the Community Reinvestment Act for new financial technology.