Tag Archives: FDIC
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
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
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
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
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
Day 22
The Senate passes the American Recovery and Reinvestment Act.
Obama takes his $800 billion recovery…
By Deborah Creighton Skinner
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
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
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
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…
