FDIC - Truenewj

US OCC chief calls banks’ living wills ‘seriously flawed’ and abstains from vote

amefika2 weeks ago04 mins

U.S. Comptroller of the Currency Jonathan V. Gould has abstained from a Federal Deposit Insurance Corporation (FDIC) vote on staff comments related to July 2025 Dodd-Frank Act Section 165(d) resolution plans. The FDIC and the Federal Reserve Board published comment letters covering several resolution plans filed in July 2025. Resolution plans, commonly described as living…

What is the IntraFi network? How it protects large deposits beyond FDIC limits.

amefika1 month ago05 mins

Do you have more than $250,000 deposited in a bank account or in a bank? If so, you’ll want to check if your bank is part of the IntraFi network. For out-of-network banks and credit unions, customer deposits are generally insured up to just $250,000 per account type. That means if you have more on…