FDIC Newswire

You can earn up to 5% APY in a high-yield savings account today, June 23, 2025

The best high-yield savings accounts offer annual percentage yields (APYs) that are well above average. Many of the top rates available today are above 4%, and one or two are still around 5%. Inflation rates have been edging higher and the U.S. economic …

Earn up to 4.60% APY. Here are the best CD rates today, June 23, 2025

It’s still a good time to earn a great return on a certificate of deposit, just don’t wait to take action. After declining in 2024 as the Federal Reserve cut rates, average CD yields have stabilized in early 2025 thanks to the central bank hitting pause on …

Fiserv And PayPal Expand Partnership To Advance Stablecoin Payments - Two Firms Aim For Interoperability Between FIUSD ...

Fiserv, Inc. (NYSE: FI) and PayPal Holdings, Inc. (NASDAQ: PYPL), today announced that they are partnering to build future interoperability between FIUSD and PayPal USD (PYUSD), to allow consumers and businesses to move funds domestically and …

Reserves and Where to Find Them

Gara Afonso, Marco Cipriani, JC Martinez, and Matthew Plosser Banks use central bank reserves for a multitude of purposes including making payments, managing intraday liquidity outflows, and meeting regulatory and internal liquidity requirements. Data on …

Roadmap not yet law

You have to give Trump and the Republicans credit. They are doing exactly what they said they would do. Project 2025, written and funded by the ultra conservative Heritage Foundation is online, and easy to access. Every American should read it. During his …

BNY Reportedly Pitched Merger to Northern Trust

Bank of New York Mellon (BNY) has reportedly approached Northern Trust about a merger. The deal would mark a milestone for financial services, The Wall Street Journal (WSJ) reported Sunday (June 20), combining two of the biggest asset-servicing businesses …

The Tax Consequences Of Debt Financing For Small Business Loans

Close-up of JP Morgan Chase and Co sign outside an office building in the SoMa neighborhood, San ... More Francisco, California, March 18, 2025. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty Images Small business loans Small …

Think your bank account is protected from fraud? Here’s what the FDIC actually covers—and what it doesn’t

BIRMINGHAM, Ala. (WBRC) - As financial scams continue to evolve, Alabama banking leaders want consumers to understand how fraud protection works and what steps they can take to stay safe. Scott Latham, President and CEO of the Alabama Bankers Association, …

Man fighting with Chase to recover $185k after bank shut down his accounts ‘without any notice’ – ‘It destroyed my life’

A CALIFORNIA attorney says Chase Bank has “destroyed” his life after the financial institution seized over $185,000, forcing him to cancel his wedding and move into a caravan. Brian Adesman, 32, claimed in a lawsuit filed in California that Chase Bank shut …

When FDIC coverage applies to your money

In “Mary’s Place,” a rural, small-town bank meets its demise

This book is a finalist for the Colorado Book Award for Historical Fiction. Editor’s note: A bank in rural western Kansas is about to be closed by examiners as the region suffers through one of the worst agricultural disasters in American history. This …

Man extradited in $29M fraud case probed by FDIC monitor

A Nicaraguan citizen was brought to Miami from Spain this week on federal charges tied to the man's alleged wire fraud and money-laundering operation.  As part of the joint investigation by the Federal Deposit Insurance Corp.'s Office of Inspector …

How Washington, D.C.’s unbanked population compares to the rest of the US

By Dom DiFurio Most financial experts agree that the best time to start using a credit card is 18, as long as one is equipped with the financial education to tackle the responsibility of taking on debt. The sooner someone can begin building a history with …

Weekly Commentary: Back For A Second Attempt

Image Source: Pixabay Chair Powell: “So, what we said was that uncertainty about the economic outlook has diminished but remains elevated. Many, many surveys say that… And that’s actually a line from the Teal book, which you can see in five years. Remember …

My sister and her husband died within days of each other. Their banks won’t let me access their safe-deposit boxes. What ...

Dear Quentin, My sister and her husband passed away within a year of each other. I’m blessed that they had the foresight to have a will and living trust that, as the successor trustee, has made dispensing the trust assets much easier. My sister had a …

Social Security To Implement Major Service Change

Posted Fri, Jun 20, 2025 at 8:28 pm ET|Updated Fri, Jun 20, 2025 at 9:22 pm ET The Social Security Administration is eliminating a decades-old service this year, changing the way hundreds of thousands of retirees receive their benefits each month. In March …

Time for Asean to tackle scam trade

In April, China's President, Xi Jinping, undertook a tour of the Association of Southeast Asian Nations (Asean) member countries in an effort to shore up his country's relationships amidst rising tensions and fears of a full-blown trade war with …

Senate bill seeks Treasury-led task force on AI financial scams

A congressional crackdown on deepfakes continued this week with the introduction of a bipartisan Senate bill targeting financial scams that leverage artificial intelligence to trick people out of their money. The Preventing Deep Fake Scams Act from Sens. …

PNC Bank Review 2025: Mobile banking and a wide range of financial products, but rates not always most competitive

PNC Bank is the seventh-largest bank in the United States with over half a trillion in assets. It has 2,300 branches as of this writing, predominantly east of the Mississippi, and is headquartered in Pittsburgh. With a network of more than 60,000 PNC and …

Statement on Recent Attacks Against Federal Law Enforcement from FLEOA National President Mathew Silverman

WASHINGTON, DC, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- The Federal Law Enforcement Officers Association (FLEOA) condemns the surge in violent attacks against federal officers following a series of coordinated assaults, including a …

Rare Coin Values Surpass Auction Estimates, Set New Records in U.S. and International Markets

Hard Asset Management highlights examples of exceptional long-term coin appreciation as collector and investor interest grows worldwide for select rarities SAN JUAN, PUERTO RICO, June 23, 2025 /⁨EINPresswire.com⁩/ -- The rare coin market continues …

Cogsworth Balances George Magazine Social Media Role While Battling Global Villainy

Balancing hashtags with heroism, Cogsworth, Whiskerbolt, and Gus juggle George Magazine’s social media while battling global threats for F.E.L.I.N.E. LITTLE ROCK, AR, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE …

Best Silver IRA Companies in 2025: Top 3 Picks for Smart Investors

IRAEmpire.com has released a new and updated list of its "Best Silver IRA companies of 2025" for consumers. NEW YORK CITY, NY, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- IRAEmpire.com, a premier retirement publication, has …

AMMWEC Condemns Terrorist Attack on Syrian Church, Calls for Vigilance and Unity Against Terrorism

WASHINGTON, DC, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- The American Muslim & Multifaith Women’s Empowerment Council (AMMWEC) strongly condemns the brutal attack carried out against a Christian church in Damascus, Syria, which has …

K3 Holdings and Alpine LA Properties Launch Summer Safety and Energy Awareness Campaign Across Resident Communities

New Initiative Offers Practical Tips to Help Residents Stay Cool, Save Energy, and be Safe During Peak Summer Months LOS ANGELES, CA, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- K3 Holdings, a privately held real estate investment firm …

Announcing the INHOPE Summit 2025

INHOPE, the leading global network fighting online CSAM, is pleased to announce its eighth annual Summit, taking place October 14-15, 2025 in Washington D.C. AMSTERDAM, NETHERLANDS, June 23, 2025 /⁨EINPresswire.com⁩/ -- INHOPE, the leading global network …

Best Gold IRA Companies 2025: Top Rated Gold IRA Rollover Companies Announced

IRAEmpire has released an updated list of the best gold IRA companies of 2025 for consumers. Augusta Precious Metals has topped the rankings this year. LOS ANGELES, CA, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- IRAEmpire has released its …

Insigniam’s Will Parish Appointed to Arlington County Military and Veterans Affairs Committee

Will Parish, a management consultant at Insigniam and decorated veteran, has been appointed to the Arlington County Military and Veterans Affairs Committee PHILADELPHIA, PA, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- Insigniam is pleased …

TravelingWiki Visits on Special Needs with Minnesota Twins' Bryce Berg & Disney Plus' Susanna Malak (The Mandalorian)

TravelingWiki Expands on Prior Engagement with Globally Known Hollywood and Sports Stars by Spending Time with Disney and Major League Baseball Talent in MN MINNEAPOLIS, MN, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- During recent days …

White Collar Support Group and Noted Law Professors Launch Federal Expungement Initiative

Hope, dignity and opportunity for the millions of justice-impacted individuals who are held back years after they’ve paid their debts to society. NEW YORK, NY, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- Jeff Grant, Co-Founder of the …

FEDCON Issues Widespread Call for Border Wall Contractors

FEDCON has issued a wide solicitation for contractors of all types to participate in border wall construction projects. TAMPA, FL, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- The leading organization FEDCON which assists contractors to …

The Way to Happiness Foundation Engages Correctional Professionals Nationwide to Foster Values-Based Change

FORT WORTH, TX, UNITED STATES, June 22, 2025 /⁨EINPresswire.com⁩/ -- The Way To Happiness Foundation recently participated in the 2025 American Jail Association (AJA) Conference in Fort Worth, Texas, joining over 900 professionals from law …

The Leader’s Floor Lookout: Week of June 23, 2025

Condemning the Violent L.A. Riots Over the last few weeks, the American people have witnessed violent, destructive riots in Los Angeles protesting the rightful deportations of dangerous illegal immigrants, while Leftist politicians and liberal media call …

Committee Cliff Notes: Weekly Preview – Week of June 23, 2025

Steve Scalise | House Majority Leader | Privacy

Congressional Budget Cutting Activities in Science Preceded DOGE

Multiple Congressional Books Named "WASTEBOOK" Listed Hundreds of Federal Grants in Science Years Ago GAINESVILLE, TX, UNITED STATES, June 21, 2025 /⁨EINPresswire.com⁩/ -- Some people are still expressing surprise and misgivings about …

Lisbon Fire Department Hosts Ribbon Cutting for New Facility, Marking a Milestone in Community Safety and Readiness

State-of-the-Art Facility Enhances Emergency Response and Firefighter Health Standards LISBON, CT, UNITED STATES, June 21, 2025 /⁨EINPresswire.com⁩/ -- Today, the Town of Lisbon celebrated the grand opening of its new fire station with a symbolic …

75 Years After Korean War and No Gun Ri, Forgotten Pain—Memoir That Launched a Movement—Now in English

A Haunting Memoir Bearing Witness to the Madness of the Korean War and the Fragile Emergence of the Public Conscience MT. PLEASANT, MI, UNITED STATES, June 21, 2025 /⁨EINPresswire.com⁩/ -- On the 75th anniversary of the Korean War and the little- …

Stein, Stringer and Hoylman-Sigal Energize the Upper East Side Voters During Early Voting

NEW YORK CITY, NY, UNITED STATES, June 21, 2025 /⁨EINPresswire.com⁩/ -- As early voting continues across New York City, District Leader candidate Todd J. Stein is gaining strong grassroots support from Upper East Side and Roosevelt Island voters. …

Mayor Wu Declares Heat Emergency June 22 Through June 24; Opens BCYF Cooling Centers To All Residents

Mayor Michelle Wu today issued a heat emergency for the City of Boston beginning tomorrow, Sunday, June 22 through Tuesday, June 24 due to the upcoming weather forecasts. Temperatures are forecasted to be in the mid 90’s with ‘feels like’ temperatures of …