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Federal Deposit Insurance Corporation

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Top Federal Deposit Insurance Corporation Articles see all

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  • Startup sees business in bitcoin, seeking to promote local uptake of digital currency

    Startup sees business in bitcoin, seeking to promote local uptake of digital currency
    First came the switch off of the gold standard. Then checkbooks and credit cards started the shift away from cash — but to bitcoin advocates, not far enough.
  • Bay Bank assumes deposits, most loans of failed Bel Air thrift

    Bay Bank assumes deposits, most loans of failed Bel Air thrift
    Bay Bank has agreed to assume the deposits and most of the assets of Slavie Federal Savings Bank after federal regulators closed the institution with offices in Bel Air and Baltimore. The federal Office of the Comptroller of the Currency closed Bel Air-...

    Troubled loans lead to failure of local savings bank

    Troubled loans lead to failure of local savings bank
    Losses on loans made to investors rehabilitating city homes helped drive to failure a small savings bank founded by immigrants in East Baltimore more than 100 years ago, said the CEO of the bank that acquired much of its portfolio. Federal banking...

    1st Mariner buyers win regulatory approval

    1st Mariner buyers win regulatory approval
    The investors buying 1st Mariner Bank said Monday that they've received the regulatory approvals they need and expect to close on the deal as soon as next week, turning the page on the Baltimore institution's most tumultuous chapter. The purchasers &#...

    The Bitcoin myth [Commentary]

    Bitcoin believers were shaken to their digital souls when Mt. Gox, the world's largest exchange, defaulted on $470 million worth of deposits and closed. The virtual currency was supposed to provide a safer, more private and less costly alternative to...