Tag Archives: FDIC

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Minority Contractors Fight For More Fed Dollars

Federal agencies fell short in contracts awarded to black-owned firms in 2012 but hope to boost spend in 2013

The latest numbers show it’s more difficult for minority firms & African American-owned firms in…

By Jeffrey McKinney

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FDIC Director Looks to Boost Small Biz Lending

Finance programs aimed at helping entrepreneurs to think like a banker

FDIC Director Sarah Thompson talks about finance programs aimed at helping entrepreneurs to think like…

By Alan Hughes

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8 Personal Finance Tips for Young Adults

The basic concepts you need to embrace in order to take charge of your financial future

Young adults—in high school or college and just starting a career or a family—have plenty…

By BLACK ENTERPRISE

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Real Estate Insider: 4 Things to Know About Reverse Mortgages

Real estate news and advice for individuals and investors

With the number of potential borrowers growing with the aging population, it’s important that homeowners…

By BLACK ENTERPRISE

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5 Things You Should Know If Your Bank Fails

2010 may bring more bank collapses than last year. Here's how to protect your money

Through June of this year, 118 banks have failed—and have been taken over by the…

By John Simons

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Get Schooled on the Different Types of Investments

Take time to understand your options -- and the characteristics of each

Before you invest, take some time to understand all of your options beginning with the…

By Patricia Stallworth

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Overview: The White House’s Financial Reform Plan

Enforcing common-sense rules for consumers, investors

The White House issued a fact sheet on how the president’s financial reform plan will…

By BlackEnterprise.com

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Regulators Shut Florida Bank

WASHINGTON (AP) — Regulators have shut down a Florida bank, bringing to five the number…

By Associated Press

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Regulators Shut Banks In Fla, Mo

WASHINGTON (AP) — Regulators shut down banks in Florida and Missouri on Friday, bringing to…

By Associated Press

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Banks Shut In Fla., Mo., NM, Ore., Wash.

sWASHINGTON (AP) — Regulators have shut down banks in Florida, Missouri, New Mexico, Oregon and…

By Associated Press

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FDIC: Black Households Don’t Use Banks Regularly

Report highlights need for resources for minority families

Minorities and low-income households are less likely to have a bank account or more likely…

By Marcia Wade Talbert

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The FDIC’s ‘Red’ Menace

The fund protecting your bank deposits has sunk "into the negative." Should you worry?

A few hours ago, news came across the transom that the government insurance fund that…

By John Simons

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Don't panic, you'll get your money. FDIC makes insured funds available to depositors quickly, usually on the first business day after the bank is closed.

BE 100s Bank Acquires Home Federal Savings

Regulators shut down two black-owned institutions

Liberty Bank and Trust of New Orleans acquired Detroit-based Home Federal Savings Bank after the…

By Marcia Wade Talbert

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Regulators Issue Cease and Desist Order to Chicago Bank

Highland Community faulted for unsafe banking actions

Chicago-based Highland Community Bank received a cease and desist order earlier this month from federal…

By Marcia Wade Talbert

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Obama on the Record: Meeting with Bernanke, Bair

THE PRESIDENT: Well, first of all, Happy Easter and Happy Passover. I’m sorry…

By BlackEnterprise.com

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FDIC’s New Campaign Promotes Deposit Insurance Awareness

Initiative includes Spanish calculator, PSAs targeting blacks

Anyone who banks has seen the phrase “FDIC Insured,” but to make sure that they…

By Marcia Wade Talbert

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Day 22

The Senate passes the American Recovery and Reinvestment Act.
Obama takes his $800 billion recovery…

By Deborah Creighton Skinner

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Banks, Regulators, Consumer Advocates Address Foreclosure

FDIC Chairwoman Sheila C. Bair addresses the 12th Annual Wall Street Project Economic Summit (Source:…

By Marcia Wade Talbert

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Black Banks and the Bailout

Some worry more regulation may increase costs, competition

Now that Congress has passed the $700 billion Emergency Economic Stabilization Act of 2008, the…

By Cliff Hocker

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FDIC Seeks Insurance Increase

Move could help instill confidence in banking system

The Federal Deposit Corporation approached Congress this afternoon about increasing the federal deposit insurance limit…

By Marcia Wade Talbert

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How to Handle Bank Closure

Learn to be proactive, diligent in managing your accounts

It seems like every month a bank closure is being announced, most stemming from the…

By Ann Brown

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