(FDIC) are addressing a dispute over the asset manager’s stakes in American banks. The negotiations, which have been ongoing ...

In April 2024, the FDIC board reviewed two proposals addressing the control of banks by asset managers introduced by Chopra and FDIC Board Member Jonathan McKernan. McKernan's proposal called for ...

The time is ripe for Congress and the president to shrink the Federal Deposit Insurance Corp.'s board of directors back down to its original three members, writes former ... to effectively supervise ...

Jonathan McKernan, a Republican director at the Federal Deposit Insurance Corp., said Monday he would leave the bank watchdog to maintain the political balance of the agency’s board. “It has ...

Deposits in checking and savings accounts are held by our banking services partners, Choice Financial Group and Evolve Bank & Trust®; Members FDIC. Deposit insurance covers the failure of an ...

The annual percentage yield (APY) is accurate as of Jan. 24, 2025, and subject to change at the Bank's discretion. Refer to product’s website for latest APY rate. Minimum deposit required to ...

The best online banks offer a healthy mix ... balances can be yours when you set up direct deposit or by depositing $5,000 or more every 30 days. Members without direct deposit earn 1.00% APY ...

The annual percentage yield (APY) is accurate as of Jan. 24, 2025, and subject to change at the Bank's discretion. Refer to product’s website for latest APY rate. Minimum deposit required to ...

2 SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC ...

Artificial intelligence (AI) will continue to transform the banking industry in several ways, including enabling better fraud ...

From this month itself, it will be effective." When asked when banks would reduce their deposit rates following RBI's move, Setty said he expects most of the lenders to not immediately make any ...

Users can also get their paychecks up to two days early via direct deposit, and Discover’s mobile banking apps have high customer ratings, which is helpful because the bank only has one physical ...