Some deposit accounts offer FDIC protection beyond the standard $250,000 limit. CNBC Select explains what you need to know.

If you keep more than $250,000 at any one bank, you might worry about whether your money is fully protected by government insurance. Maybe you sold a house or a business, adjusted your portfolio for ...

Worried about whether your cash is safe at your bank? You’re not alone. When Gallup surveyed Americans about their feelings regarding bank safety after the 2023 failures of Silicon Valley Bank and ...

Rep. Frank Lucas, R-Okla., right, in 2024. WASHINGTON — The House Financial Services Committee has a new package of bills aimed at reforming deposit insurance, including a companion bill to a revised ...

House Financial Services Committee Chair Patrick McHenry, R-N.C., said Tuesday that it was "unlikely" that deposit insurance reform passes in the current Congress and that talks on deposit insurance ...

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 ...

Congressman Dan Meuser (PA-09), a member of the House Financial Services Committee, recently introduced the Growing Deposit Insurance for the Future Act, legislation to ensure that federal deposit ...

Proposals are now circulating in Washington to increase deposit insurance limits radically, including the bill from Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) to boost coverage from ...

Congress created explicit federal deposit insurance during the Franklin D. Roosevelt administration to buttress depositor confidence in the banking system. Federal Deposit Insurance Corporation (FDIC) ...