Real estate fintech startup Whale announced Tuesday that it has raised a $4 million seed round to grow its rental security ...
As of April 1, 2024, the Federal Deposit Insurance Corporation (FDIC) has implemented significant changes to its insurance coverage limits, particularly affecting trust accounts. These adjustments aim ...
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 ...
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 ...
The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs: Senate Banking Committee Chairman Tim Scott (R-S.C.) today led a discussion on deposit ...