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Federal Deposit Insurance Corporation › Beneficiaries › Trusts

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain... more +
The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships.  less -
Kohrman Jackson & Krantz LLP

Navigating Changes in FDIC Insurance Coverage: Ensuring Deposit Security Amidst Revised Limits

Kohrman Jackson & Krantz LLP on

As of April 1, 2024, the Federal Deposit Insurance Corporation (FDIC) has implemented significant changes to its insurance coverage limits, particularly affecting trust accounts. These adjustments aim to simplify coverage...more

Rivkin Radler LLP

What Trustees and Executors Should Know About FDIC Coverage

Rivkin Radler LLP on

Recent headlines about bank closures have prompted people to check their personal bank accounts to make sure the balances are under the $250,000 FDIC insurance limits. The Federal Deposit Insurance Corporation (FDIC) is an...more

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