Browsing: deposit
The crypto world has a well-deserved reputation for being loose with vocabulary. To most people, the word “token” traditionally means…
Key insight: House Financial Services Committee Chair French Hill, R-Ark., is taking a wider approach to deposit insurance reform, casting…
The proposal to push up some federal deposit insurance coverage to $10 million per account would encourage banks to take…
Key insight: Deposit insurance reform might move more slowly in the House than the Senate as members expressed concerns about…
There are plenty of ways that lawmakers could help community bankers. Raising federal deposit insurance limits by a factor of…
Key insight: Senators reduced proposed business account insurance limit from $20 million to $10 million, exempting banks under $10 billion…
Key insight: The bill would raise the deposit insurance limit for some business accounts to $10 million, halving the previous…
Key insights: Banks are by and large lowering interest rates on deposit accounts.Expert quote: “Until loan growth really comes back…
Forward look: Deposit insurance reform discussion is being taken up in earnest on the House Financial Services Committee. Key insight: More…
Key insight: Some Republicans are starting to question the cost of deposit insurance reform for business accounts. Expert quote: “The $20…