When a financial institution is federally insured, up to $250,000 per depositor is secure in a bank account. Compare the Best Banks in Texas Earn 3.60% Annual Percentage Yield (APY) on any balance.

"The group has cheated the depositors and agents by alluring them with high returns and commissions respectively and utilised the funds collected in a non-regulated manner without any information ...

Those gains were fueled by net interest income, which is the difference in what a bank pays depositors and what it earns on loans and investments, that rose to $14.6 billion in the quarter ...

The Bangladesh Bank yesterday dissolved the board of directors of ICB Islamic Bank considering the interests of depositors, according to an official letter. The board was dissolved to protect the ...

According to him, NDIC has a proven track record of managing bank failures effectively, having successfully declared full liquidation dividends to depositors of 20 previously failed banks. Hassan ...

The Nigeria Deposit Insurance Corporation, NDIC, says it would begin the payment of the first tranche of liquidation dividends to depositors of Heritage Bank from April. The Managing Director of ...

The Uganda Deposit Protection Fund (DPF) says it held press conferences to inform the public and depositors about the procedures and timelines for reimbursement following the closure of the two banks, ...

MUMBAI: The Reserve Bank of India (RBI) on Wednesday lowered the repo rate by 25 basis points (bps), taking the total cut in this easing cycle to 50bps. On top of that, RBI governor Sanjay ...

Interest rates are charged by financial institutions on loans to borrowers and are paid as interest to savers and depositors. They are influenced by base lending rates, which are set by central ...

While home loan borrowers benefit, depositors see limited gains due to investor shifts and liquidity pressures. Experts anticipate further repo rate cuts, but transmission to deposit rates will be ...

With tax day approaching, U.S. banks will likely soon face a major drain on their liquidity as depositors pull money to pay their tax bills. "The major problem will be next week, with the ...

pay depositors for the privilege of holding their money. They are “a bad idea,” he says flatly. First, they are probably securities. Second, it’s a race to the bottom. “If you have to give ...