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New Bill to Increase FDIC to $250,000 Permanently

A new bill introduced in the 111th Congress by Representative Barney Frank (D-Massachusetts) could make permanent the increase in deposit insurance t[...] read more »
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Maximize Your Money's FDIC Coverage

The FDIC recently increased the coverage that is now offered on bank deposits. Here are options to give yourself up to $1,000,000 in coverage per ban[...] read more »
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COO of FDIC Says Bank Failure Costs to Top $40 Billion

John Bovenzi, the Chief Operating Officer of the FDIC said in a committe hearing to the US House that the cost to the FDIC to ensure bank failures will likely cost more than the original prediction of $40 billion over the next four years. read more »
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The Best Bank Ratings Services and Why You Should Care about the Financial Health of Your Bank

If you keep under the deposit insurance limit, you don't have to worry about losing your money if your FDIC-insured bank fails. So why should deposi[...] read more »
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