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FDIC-insured institutions reported Q1 net income of $64.2bn
Retail Banker International via Yahoo Finance· 5 days agoReports from 4,568 commercial banks and savings institutions insured by the Federal Deposit...
Marcus by Goldman Sachs: Savings Account Interest Rate 2024 - NerdWallet
Nerdwallet· 8 hours agoMarcus by Goldman Sachs' high-yield savings account has an APY that’s much higher than the national...
FDIC: Number of Problem Banks Increased in Q1 2024
Calculated Risk· 5 days agoReports from 4,568 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) report aggregate net income of $64.2 billion in first ...
FDIC Announces $1.5 Million Settlement with Arkansas-Based Bank and Employees | JD Supra
JD Supra· 7 days agoOn May 17, 2024, the Federal Deposit Insurance Corporation (FDIC) announced a settlement with an Arkansas bank and nine of its employees, resolving allegations that the bank ...
Best savings accounts for new college grads
Bankrate via AOL· 11 hours ago(FDIC). This ensures your funds are safe in the event of a bank failure. The FDIC insures up to $250,000 per depositor, per FDIC-insured ...
FDIC-Insured Banks' Q1 Earnings Down on Lower NII, Loan Balance
Zacks· 4 days agoThe FDIC-Insured banks' (like JPM, BAC, C & WFC) Q1 earnings are hurt by rising funding costs, a lower NII and an increase in expenses. Yet, higher rates, a changing revenue mix and a rise in deposit balance offer some support.
National average money market account rates for May 2024
Bankrate via Yahoo Finance· 3 days agoThe Federal Reserve directly impacts money market account rates at competitive banks. Generally,...
FDIC Sues Virginia County Over Headquarters’ Property Tax Value
Bloomberg Law· 4 days agoIn a complaint, FDIC said Arlington County has “inflated” the real estate tax assessments on its headquarters for 2019 and 2020. In those years, the county assessed the buildings ...
Can you lose money on a CD?
Bankrate via AOL· 12 hours agoYou exceed insurance coverage limits, and your bank or credit union fails. As long as you choose a federally insured bank that’s a member of the Federal...
Best CD rates today: Level up your short-term savings goals at more than 5% APY — June 3, 2024
AOL· 15 hours agoToday's rates continue to top 5% APY across CD terms of up to a year or longer, allowing you to lock in high savings well into next year. The best rates of return are found at FDIC& ...