A crowd of depositors gather in the rain outside Bank of United States after its failure in 1931 during the Great Depression ... Making Sense of financial news, Paul Solman has a unique look ...

The FDIC was created to protect consumers. FDIC insurance will keep up to $250,000 safe in individual bank accounts, even if the bank goes under, as recently happened with Silicon Valley Bank.

Protection for your deposits In response to the bank failures of the Great Depression, Congress founded the Federal Deposit Insurance Corporation (FDIC) to oversee banks and protect consumer bank ...

After all, the FDIC was created during the Great Depression ... has ever been lost. A bank fails when a federal or state regulatory agency shuts it down. Failures happen when a bank cannot ...

Truman Professor of American Civilization, is the author of the award-winning 2008 book “The Exchange Artist,” centered on the 1809 collapse of the Boston Exchange Coffee House, one of America’s first ...

Ever since the early-March failures of Silicon Valley Bank and Signature Bank ... People who lived through the Great Depression frequently spent the rest of their lives in fear that it would ...

There are also fears that the tariffs could trigger an economic downturn reminiscent of the Great Depression nearly ... 1929 and caused more than 9,000 bank failures between 1929 and 1933.