WASHINGTON (AP) — The head of the FDIC says there are no immediate plans to borrow money from the Treasury Department to shore up the shrinking deposit insurance fund. ...more

August 27, 2009

Banks and savings institutions insured by the Federal Deposit Insurance Corp. reported net losses of $26.2 billion in the fourth quarter of 2008. ...more

March 22, 2009

Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million U.S. households avoid foreclosure. ...more

November 15, 2008

The collapse of Washington Mutual Inc. left customers and investors with many concerns and questions in the wake of the nation's biggest bank failure. ...more

September 27, 2008

U.S. banking industry profits plunged by 86 percent in the second quarter and the number of troubled banks jumped to the highest level in about five years as slumps in the housing and credit markets continued. ...more

August 27, 2008