Although it's not widely known or well understood, since the IndyMac failure in July of 2008, the Federal Deposit Insurance Corp. has, whenever possible, protected uninsured depositors in failed banks ...

SANTA CLARA — Federal officials reassured customers of the failed Silicon Valley Bank that they will not lose their money Monday in a bid to inoculate the nation’s banking system against a run on ...

WASHINGTON — For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all ...

STATEN ISLAND, N.Y. — Staten Island-based Northfield Bank will take over the deposits of a failed Cranford, N.J., bank after it was closed on Friday by the New Jersey Department of Banking and ...

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

Q: I hired a broker to sell my house in Florida. The first buyer backed out, so we agreed that I’d keep part of their deposit. I kept working with the same broker, and eventually, someone else bought ...

SANTA CLARA — Federal officials moved to insure all deposits at failed Silicon Valley Bank, hoping to inoculate the banking system against contagion, but shares of another Bay Area regional bank ...