Kevin L. Matthews II is a former financial advisor who has helped hundreds of individuals plan for their retirement. In 2017, he was named one of the Top 100 Most Influential Financial Advisors by ...

Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per account holder.

(Reuters) - The Federal Deposit Insurance Corp (FDIC) and its flagship deposit insurance fund have been active since the Great Depression to provide an orderly resolution for failed banks and to ...

Deposit insurance was one of the many New Deal programs put in place by President Franklin Roosevelt. Underwood Archives/Getty Images On Feb. 27, 1933, as Herbert Hoover struggled to combat the Great ...

FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...

Deposit Insurance: Provides coverage up to $250,000 per depositor, per bank, per ownership category. Bank Supervision: Oversees financial institutions to ensure compliance with banking laws.

We all keep a substantial chunk of our savings in bank deposits without thinking for a moment of the safety of our money. Rarely would we come across a situation when a bank goes bankrupt, and is ...

Your bank account may not be as safe as you think (or hope). Taking a deeper look at the legal details and the financial depth of the FDIC reveals several troubling details that call into question how ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

If my bank fails, how much of my savings will I get back? It’s a scenario no one likes to think about. But in the past 15 years, it has unfolded with particular drama on several occasions — during the ...