Today, we announced a series of steps to provide regulatory relief and assist FDIC-supervised banks and their customers recover in areas of Kentucky affected by recent severe storms. Read more⤵️ https://lnkd.in/eBNSVuWN
Federal Deposit Insurance Corporation (FDIC)
Banking
Washington, DC 125,875 followers
Protecting your deposits since 1933
About us
The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails. For policies and disclaimers visit: http://fdic.gov/about/policies/
- Website
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http://www.fdic.gov
External link for Federal Deposit Insurance Corporation (FDIC)
- Industry
- Banking
- Company size
- 5,001-10,000 employees
- Headquarters
- Washington, DC
- Type
- Government Agency
- Founded
- 1933
- Specialties
- deposit insurance, bank regulator, and banking research
Locations
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Primary
550 17th Street NW
Washington, DC 20429, US
Employees at Federal Deposit Insurance Corporation (FDIC)
Updates
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In the fourth quarter of 2024, the banking industry reported annual loan growth of 2.2 percent. Credit card loans and single-family residential mortgages contributed to this increase. Read our latest Quarterly Banking Profile⤵️ https://lnkd.in/ePP2mY4U
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Last year, U.S. banks reported total earnings of $268 billion, a 5.6 percent increase from the previous year. Read more ⤵️ https://lnkd.in/ePP2mY4U
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This morning, we released the latest quarterly report on the financial condition of our nation’s banks. Read more about the 4th Quarter and full-year 2024 performance results for FDIC-insured banks ⤵️ https://lnkd.in/eVjwR6s7
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Today, Acting Chairman Hill expressed support for enhancing flexibility with respect to Customer Identification Program requirements: https://lnkd.in/gwNs3VTx
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Today, we issued a list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in November 2024. Read more⤵️ https://lnkd.in/eczNA5c5
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Ever ask yourself, 'How can I save more?' Saving is all about forming good habits: 💡Start by creating an emergency fund for those unexpected expenses. 💡Automate your savings so it becomes second nature. 💡Most importantly, put your money somewhere safe, like an FDIC-insured bank account that protects to at least $250,000. Visit our FDIC Consumer News website for resources to help you save smarter ⤵️ https://lnkd.in/gpUngNGG
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Calling all Salt Lake City locals! We are hosting a free, in-person forum, in collaboration with NeighborWorks Salt Lake and Bank On Salt Lake to support Low-to-Moderate-Income (LMI) households in accessing valuable financial resources. Learn about: ✅Access to free income tax filing services ✅The Earned Income Tax Credit (EITC) ✅Affordable Bank On-certified account options 📆Date: January 29, 2025 ⏰Time: 8:30 AM - 11:30 AM MST 📍Location: NeighborWorks Salt Lake, 622 W 500 N, Salt Lake City, Utah 84119 Find all of the details ➡️ https://lnkd.in/eefuH5PF
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Today, we approved a Bank Merger Act (BMA) application by WesBanco Bank, Inc., based in Wheeling, West Virginia, to acquire and merge with Premier Bank, located in Youngstown, Ohio. Read more ⤵️ https://lnkd.in/ejzFXP6a
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Today, we announced that FDIC is withdrawing from the Network of Central Banks and Supervisors for Greening the Financial System. https://lnkd.in/ghvBQc8U
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