The Federal Deposit Insurance Corporation has approved a deposit insurance application submitted by GM to establish the new GM Financial Bank subsidiary.
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FDIC insurance: What it is and how it works
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 ...
Do you have more than a quarter-million dollars in your bank account? If not, you’re among the majority of Americans whose deposits are fully insured by the federal government.
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
Learn how FDIC insurance protects business accounts, what types of accounts are covered, and the coverage limits to secure your business funds. The Federal Deposit Insurance Corporation (FDIC) ensures ...
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