FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and ...

The Federal Deposit Insurance Corp. said Metropolitan Capital Bank & Trust was closed by the Illinois Department of Financial and Professional Regulation, marking the first U.S. bank failure in 2026.

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

The banks can offer competitive loans to auto customers who might be facing sticker shock, now that the average price of a ...

Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 ...

The Federal Deposit Insurance Corporation has given Ford and General Motors something they have chased for years: permission ...

Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...

General Motors Co. in Detroit and Ford Motor Co. in Dearborn have received Federal Deposit Insurance Corp. (FDIC) and the ...

The Federal Deposit Insurance Corporation has approved a deposit insurance application submitted by GM to establish the new GM Financial Bank subsidiary.

What happens if your bank goes bankrupt? The FDIC protects your money up to $250k. Learn how to check if your bank is FDIC insured!

Do you have more than a quarter-million dollars in your bank account? If not, you’re among the majority of Americans whose deposits are fully insured by the federal government.