Deposit insurance

FDIC suspends project to modernize agency's signage


The plan first announced in February to update the deposit insurance sign and logo at bank tellers and ATMs became just the latest regulatory effort slowed by the coronavirus pandemic.


Banks poised to get new tools after House passes coronavirus relief


The $2 trillion stimulus package, which the Senate passed days earlier, aims to expand Federal Reserve liquidity resources and provide financial institutions with some regulatory relief.


Will coronavirus lead to a wave of bank failures?


An uptick in closings is likely, but how many institutions go under and how fast will depend on a variety of factors, including the duration of the pandemic.


Senate rescue plan aims to calm depositors, debt holders


While analysts agree banks are in better shape than in 2008, lawmakers are dusting off a crisis-era tool used by the Federal Deposit Insurance Corp. to soothe potential liquidity fears during the coronavirus pandemic.


Coronavirus stimulus package: What do banks need to know?


Details of the $2 trillion deal were still fluid Wednesday, but lawmakers were closing in on a plan that would aim to put banks and consumers alike on stronger financial footing as they weather the coronavirus pandemic.


Cheat sheet: What's at stake for banks, customers in stimulus battle


Congressional proposals could expand Federal Reserve liquidity support, delay a new credit loss accounting standard, provide certain accounts with unlimited deposit insurance and more to help businesses and consumers reeling from the coronavirus outbreak.


Promontory Interfinancial adds two industry veterans to its board


The network offering an array of vendor services to member banks named former trade group chiefs Camden Fine and Ed Yingling to its board and has hired former American Banker Editor-in-Chief Rob Blackwell as chief content officer and head of external affairs.


FDIC sign getting makeover for digital age


The agency said it wants feedback on changing its ubiquitous logo greeting customers at branches and ATMs to address technological changes, shifting consumer behaviors and bank-nonbank partnerships.


Senate Republicans target banks refusing services to ICE contractors


Five Republican senators want to cut off deposit insurance for banks that have stopped offering financial services to firms that operate detention facilities and private prisons on behalf of the federal government.


Trump nominee for Fed seat gets cold shoulder from senators


Both Democrats and Republicans aired concerns about controversial statements made by Judy Shelton on monetary policy, deposit insurance and other issues, raising doubts about her confirmation.