On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and deceptive” ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LINDSAY, Okla. (KFOR) — Residents in the ...

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

The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...

Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in ...

The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...

NEW YORK (AP) — The U.S rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of ...

On Friday, November 21, the Federal Deposit Insurance Corp bowed to the demands of the US banking industry and improved the terms of the guarantee of newly issued senior unsecured bank debt that it ...

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Bank failures stem from an inability to meet obligations due to asset reductions. FDIC insures deposits up to $250,000, providing safety for bank customers. SVB failed due to bond losses and ...