Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...

The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you've deposited at an FDIC-member bank.

The FDIC is an independent government agency headquartered in Washington, D.C. that oversees the banking industry. Its primary duty is to insure deposits at U.S. banks. The FDIC also supervises and ...

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 ...

When your savings balance climbs above $250,000, it's more than just a financial milestone -- it triggers a set of rules that determine how much of your money is actually protected. The Federal ...

It isn’t often that two senators as far apart ideologically as Republican Bill Hagerty of Tennessee and Democrat Angela Alsobrooks of Maryland get together on a piece of legislation. The bill they ...

Proposed increases to deposit insurance coverage would be a giveaway to large banks and wealthy depositors, writes Ken Thomas. Contrary to the industry and even some mainstream media, the real "owners ...