Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per account holder.

Even if your bank fails, if your assets are in an eligible account at a FDIC-member financial institution, you will get your money back up to the FDIC’s $250,000 insured limit. Amidst a wave of bank ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

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 ...

Rent a Chicago apartment and you used to expect to have to pay a security deposit: an amount, often equivalent to a month’s rent, to be handed over to the landlord as insurance you wouldn’t damage the ...