What FDIC Insurance Actually Covers, and What It Does Not 
Fed Bars Former Heritage State Bank Lending Officer From Banking 
FTC Fines Payment Processor $12 Million Over Sham Merchant Scams 
Why Minimum Payments Are Designed to Keep You in Debt 
Bank Regulators Tighten Rules on Handling Sensitive Exam Data 
What FDIC Insurance Actually Covers, and What It Does Not
The standard federal deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. Almost everyone...
Fed Bars Former Heritage State Bank Lending Officer From Banking
The Federal Reserve Board announced on July 16, 2026, that it had executed a prohibition order against James Burns, the...
FTC Fines Payment Processor $12 Million Over Sham Merchant Scams
The Federal Trade Commission announced on September 8, 2026, that payment processor Humboldt Merchant Services will pay $12 million and...
Why Minimum Payments Are Designed to Keep You in Debt
Your credit card statement contains a box that most people never read, and it is the most useful thing on...
Bank Regulators Tighten Rules on Handling Sensitive Exam Data
The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a joint...
Fed Bars Two Former Bank Employees Over Misused Customer Funds
The Federal Reserve Board on Thursday, July 30, 2026, issued consent prohibition orders against two former bank employees, permanently barring...
Business Credit vs Personal Credit: Why Mixing Them Costs You
A personal credit score and a business credit file are two separate records, kept by different bureaus, built from different...
Fed Proposes Update to 1979 Rule on Loans to Bank Insiders
The Federal Reserve Board asked for public comment on July 31, 2026, on a proposal to rewrite Regulation O, the...
Nuvei to Pay $4.85 Million Over Payment Processing for Scam Merchants
Payment processor Nuvei will pay $4.85 million to settle Federal Trade Commission charges that it opened and maintained accounts for...
FTC Fines Payment Processor Nuvei $4.85 Million Over Fraud Ties
Global payment processor Nuvei will pay $4.85 million to settle Federal Trade Commission charges that it opened and maintained payment...