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Federal Deposit Insurance Corporation

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Top Federal Deposit Insurance Corporation Articles

Displaying items 61-72
  • SMALL COMPANY NUMBER 1: American Bank, Family's first

    SMALL COMPANY NUMBER 1:  American Bank,  Family's first
    Sarah Westgate has two very important jobs. She's an operations assistant for American Bank in South Whitehall Township. And she's mom to 10-year-old Ashley. Because of the flexibility she's afforded at American Bank, she can balance both. "I...
  • Liberal Arts Degree Can Pay Off

    The familiar joke: What are the six most important words a liberal arts major needs to know? "Would you like fries with that?" The idea, of course, is that anyone studying the humanities, arts or social sciences is going to find a job only in a fast-...
  • Regulators close DuPage National Bank

    Regulators close DuPage National Bank
    DuPage National Bank has become the country’s first federally insured bank to fail this year when federal regulators closed the West Chicago-based bank Friday. Oak Brook-based Republic Bank of Chicago has assumed all deposits and assets at the...
  • Assessing Their Own Leadership

    Assessing Their Own Leadership
    Friday turned out to be a rough day for Chengyu Fu, CEO of the China Petrochemical Corp., but he showed leadership under unexpected pressure. Through a video hookup from China, Fu participated in a panel discussion about "CEOs in the Public Spotlight" at...
  • Regulators weigh proposal for minimum 30% down payments on loans

    WASHINGTON — Federal agencies haven't been functioning much this month, but six of them are looking at a proposal that could squeeze huge numbers of buyers out of the mortgage market: a mandatory 30% down payment for borrowers who seek the best...
  • Students take a swipe at debit card

    Coast Community College District students expressed concern during a board meeting last week about a controversial debit card used to disperse financial aid. Beginning this fall, students have the option of using the My Coast Colleges Card, which acts...
  • World economies pose biggest risk in 2014

    World economies pose biggest risk in 2014
    The prevailing view for 2014 is that the world is a safer place for investors than it's been for the past six years. The U.S. economy is in a sustainable recovery, the risk of a financial crisis in Europe is low and China's growth is still apparently...
  • Being cautious about spending money is fine

    Being cautious about spending money is fine
    Dear Liz: I think I have a phobia about spending money. I'm a young professional who has devoted a lot of time to building up my savings account. I also contribute sizable amounts to my 401(k) and IRA each month. I pay off my credit cards each month,...
  • Hardworking teen can open Roth IRA

    Q: My 18-year-old son has saved $3,000 from his job. Can he open up a Roth IRA with that money? — B.R. Orlando A: Yes he can. Congratulations to you for helping him start to save and invest at such an early age. — Nancy Hecht Q; I have 5...
  • JPMorgan says settlement clears most liability in mortgage crisis

    JPMorgan says settlement clears most liability in mortgage crisis
    JPMorgan Chase & Co. said the $13 billion settlement it reached with the Justice Department, state attorneys general and other agencies erased most of its potential liability in the sale of faulty mortgage investments that fueled the 2008 financial...
  • Foreclosure auctions jump in South Florida

    Foreclosure auctions jump in South Florida
    The number of foreclosed homes scheduled for the auction block in October skyrocketed by 76 percent in Palm Beach County compared with a year ago, according to figured released by RealtyTrac on Wednesday. Lenders are aggressively finalizing foreclosures...
  • Bank profits fell in the third quarter amid higher mortgage rates

    Bank profits fell in the third quarter amid higher mortgage rates
    WASHINGTON -- Profits at the nation's banks fell 3.9% in the third quarter of 2013 compared with a year earlier, the first such decline since 2009, as the industry grappled with higher interest rates that led to a drop in mortgage activity, the Federal...