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FDIC recommends overhauling U.S. insurance deposit system 

NEW YORK (AP) – The Federal Deposit Insurance Corp. is recommending the U.S. rethink its decades-old policy of insuring up to $250,000 in bank...
THE FEDERAL DEPOSIT Insurance Corp. is using America Saves Week, spanning Feb. 26 to March 3, as an opportunity to encourage people to develop or review their financial goals.

FDIC: America Saves Week opportunity to build financial goals

PROVIDENCE – The Federal Deposit Insurance Corp. this week is encouraging people to recognize America Saves Week to develop or review their financial goals. The...
THE FEDERAL Deposit Insurance Corp. tracks banking statistics for all financial institutions it insures. / PBN FILE PHOTO

Rhode Island banks profit at nearly triple the national rate

PROVIDENCE – Rhode Island-based banks grew profit at a much faster clip than the rest of the country during the first half of 2017,...
MARTIN J. GRUENBERG is chairman of the U.S. Federal Deposit Insurance Corp. / BLOOMBERG FILE PHOTO/DREW ANGERER

Federal banking agencies propose increase of commercial real estate appraisal threshold

WASHINGTON – In response to concerns raised about the cost and time associated with completing commercial real estate transactions, federal banking agencies are proposing...
THE FEDERAL Deposit Insurance Corp. tracks banking statistics for all financial institutions it insures. / PBN FILE PHOTO

R.I. banks’ Q1 profit more than double national average

PROVIDENCE – Rhode Island banks grew 2017 first-quarter profit at a faster clip than its peers nationwide, according to data released by the Federal...
Federal Deposit Insurance Corp.

FDIC promotes free financial literacy resources

WASHINGTON – The Federal Deposit Insurance Corp. is promoting a suite of financial education tools it has developed as part of Financial Literacy Month. April...
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