The banks can offer competitive loans to auto customers who might be facing sticker shock, now that the average price of a ...

General Motors Co. in Detroit and Ford Motor Co. in Dearborn have received Federal Deposit Insurance Corp. (FDIC) and the ...

The Federal Deposit Insurance Corp. said Metropolitan Capital Bank & Trust was closed by the Illinois Department of Financial and Professional Regulation, marking the first U.S. bank failure in 2026.

Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 ...

Regulators shut down Metropolitan Capital Bank & Trust in River North on Friday. Detroit-based First Independence Bank acquired all its deposits.

The NCUA manages the National Credit Union Share Insurance Fund (NCUSIF), which guarantees your credit union deposits with ...

FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and ...

Discover FDIC coverage for business accounts, including types insured and coverage limits, ensuring your deposits are ...

An Illinois regulator closed Metropolitan Capital Bank & Trust on Friday, and the FDIC sold the majority of its assets to Detroit-based First Independence Bank.

The FDIC has amended its Guidelines for Appeals of Material Supervisory Determinations (Guidelines) to replace the existing Supervision Appeals ...

Recently, the FDIC published its list of administrative enforcement actions issued in November 2025. The agency reported seven orders and stated ...