WASHINGTON, Oct. 23 (UPI) -- A bank in Florida had the dubious distinction of being the 100th U.S. bank failure for the year, the Office of Thrift Supervision said Friday.
WASHINGTON, Sept. 22 (UPI) -- Senior regulators say the Federal Deposit Insurance Corp. is contemplating borrowing money from healthy U.S. banks to keep its deposit insurance fund solvent.
WASHINGTON, Aug. 26 (UPI) -- Private equity firms seeking to buy failed banks will need to partner with existing banks to avoid tough requirements, U.S. regulators decided Wednesday.
WASHINGTON, May 27 (UPI) -- The Federal Deposit Insurance Corp.'s list of banks in trouble grew from 252 to 305 in the first quarter, the federal regulator said Wednesday.
WASHINGTON, Feb. 27 (UPI) -- Federal funds used to back up U.S. banks dropped to $19 billion at the end of 2008, the lowest amount since 1993, the Federal Deposit Insurance Corp. said.
WASHINGTON, Feb. 26 (UPI) -- The federal insurance fund that guarantees the security of U.S. bank deposits is being drained by the rise in financial institution failures, officials said.
WASHINGTON, Nov. 18 (UPI) -- The chairman of the Federal Deposit Insurance Corp., Sheila Bair, told members of Congress U.S mortgage foreclosures continue to undermine economic recovery.
WASHINGTON, Oct. 1 (UPI) -- The second proposed bailout plan for U.S. financial firms may include a provision for more than doubling bank deposit insurance.
WASHINGTON, Sept. 18 (UPI) -- U.S. consumers' money in an insured bank is safe as long as its within the Federal Deposit Insurance Corp. coverage limits, the FDIC head said Thursday.
NEW YORK, July 21 (UPI) -- Experts say even with recent banking problems, investors should have no fears about Federal Deposit Insurance Corp. stability.