federal deposit insurance corp

Paulson Urges Clear Process to Close Investment Banks (Update1) - Bloomberg

June 19 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson joined Federal Deposit Insurance Corp. Chairman Sheila Bair in calling for bank regulators to have clear procedures for dealing with a failing investment bank. Paulson said it needs to be ...

Some Local Banks Are Offering Fully Insured Savings Accounts - The Ledger

LAKELAND | In an effort to attract hard-to-come-by deposits in a declining economy, some local banks are enticing customers with fully insured savings accounts from $100,000 to $50 million. Although the Federal Deposit Insurance Corp. caps deposit ...

Commercial bank accounts considered safe

Individual bank accounts at a single institution are insured by the Federal Deposit Insurance Corp. up to $100,000, including checking and savings accounts, trusts, and IRAs or certificates of deposit. Some retirement accounts are insured up to $250,000. Accounts at Bear Stearns, an investment

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