The Federal Deposit Insurance Corp. has announced that, effective immediately, client funds deposited in Interest on Lawyer Trust Accounts -- regardless of the amount -- are eligible for full deposit ...
Quick ReadThe per depositor, per bank, per ownership category rule lets a married couple insure $1 million at one bank using ...
FDIC insurance protects up to $250,000 per depositor, per bank, per ownership category, leaving balances above that limit uninsured if a bank fails. While bank failures are rare, they can spike during ...
On April 9, 2026, the Federal Deposit Insurance Corporation (“FDIC”) issued a Notice of Proposed Rulemaking (the “FDIC Proposal”) to implement the Guiding and Establishing National Innovation for U.S.