On July 30, the FDIC released an NPRM that would provide restrictions, update definitions, and provide new exceptions to the rule on brokered deposits. The FDIC explained that these proposed ...

The National Credit Union Administration (NCUA) provides federal insurance for deposits at credit unions, while the Federal Deposit Insurance Corporation (FDIC) provides federal insurance for deposits ...

The Federal Deposit Insurance Corp. typically steps in once a bank is declared insolvent and closed by government regulators. The FDIC provides insurance for some bank deposits and helps transfer ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...