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Fdic Banks

Banks Pay Up For Deceiving Students

Reuters | Posted 08.08.2012 | Money

WASHINGTON, Aug 8 (Reuters) - Two banks have agreed to pay penalties to settle charges by U.S. banking regulators alleging they engaged in unfair and ...

FDIC Shutters Banks in Illinois and Indiana

Dennis Santiago | Posted 04.11.2012 | Business
Dennis Santiago

On Feb. 10, 2012 the FDIC shifted bank closure activity from the south to the center of the country this week failing Charter National Bank and Trust in Hoffman Estates, Ill. and SCB Bank of Shelbyville, Ind.

End of Free Checking a Financial Squeeze: How Employers Can Help

Clare J. Morgan | Posted 05.25.2011 | Business
Clare J. Morgan

The free checking accounts many Americans enjoy will soon be a thing of the past as banks scramble to find new ways to recoup overdraft charges and other fees they're no longer allowed to impose.

Banking on Failure: FDIC Shutting Down Insolvent Banks at a Record Pace

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

It is preposterous to conclude that the U.S. banking sector is well capitalized and strong enough to endure a severe economic recession.

60 Minutes: Bank Failures And The FDIC

Huffington Post | Posted 05.25.2011 | Business

Television news magazine 60 Minutes went behind-the-scenes to show viewers what happens when a bank fails. 60 Minutes correspondent Scott Pelley fol...

FDIC's Bair: Insolvency A Possibility

Bloomberg | Alison Vekshin | Posted 05.25.2011 | Business

March 4 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair said the deposit insurance fund could dry up amid a surge in bank failures...

FDIC May Need $150 Billion As More Banks Fail

Bloomberg | David Evans | Posted 05.25.2011 | Business

Deborah Horn tugs on the handle of the glass-paned entrance of the IndyMac Bancorp Inc. branch in Manhattan Beach, California. The door won't budge. T...