By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...

The following tables list the number of U.S. banks that have failed since 2009. There were five bank failures in 2023, a year ...

US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance ...

Illinois-based Millennium Bank acquired Pulaski’s deposits and most of its assets. The FDIC said the collapse will cost $28.5 ...

Cybercriminals drained over $15.5 million from the account of a Nassau County utility — thanks to the “shocking incompetence ...

U.S. regulators must simplify the authorization process for setting up new banks, a group of lawyers wrote in a letter to the ...

Chicago’s Pulaski Savings Bank was seized by regulators Friday evening, with most of its assets to be assumed by Millennium ...

The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars ...

Earlier this month, the Federal Deposit Insurance Corporation's acting chair Travis Hill said encouraging more firms to ...