David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during times of ...

Recent bank failures have shined a spotlight on a thorny question: Is it time to overhaul the federal deposit insurance program? The failures of Silicon Valley Bank and Signature Bank last month ...

Four years ago, Lauren Scott was scrolling through TikTok when she saw a video from EcommJess, a personal finance influencer with 750,000 followers, promoting Yotta Savings, a fintech app offering a ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

With these indicators pointing to a cooling economy and a potential recession, many people are now questioning whether keeping their money in the bank remains a safe decision. Is My Money Safe in the ...

The fear of losing hard-earned money is natural whenever news of a bank facing trouble surfaces. For most depositors, the ...

It’s an uneventful weekday, and you’re running a few errands during your lunch break. You decide at the last minute to run inside the bank to finally deposit that paper check you’ve had in your pocket ...