The FDIC guarantees deposits at commercial banks, while the Fed's rate-raising cycle influences Certificate of Deposit yields offered by institutions like EagleBank and American Express.

The entities involved

• Federal Deposit Insurance Corporation →

  US government agency providing deposit insurance

  • The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Federal Reserve System are refocusing their joint supervision on material financial risk.Mon 08:32
  • Federal Reserve actions are influencing national rates tracked by the FDIC, while Marcus offers CD rates through Goldman Sachs.Mon 01:57
• EagleBank →

  community bank headquartered in Bethesda, Maryland, US

  Nothing else this week.

• American Express →

  American multinational financial services corporation

  • American Express is deepening its global payment partnerships with Adyen to enhance its global acceptance strategy driven by card products.Mon 13:37
  • Berkshire Hathaway, led by Warren Buffett, holds stakes in American Express and Moody's Corporation, demonstrating its diverse investment strategy.Mon 00:05

Related events

• FDIC confirms traditional savings account insurance limits, and TreasuryDirect allows direct purchases of T-bills.Aug 27
• The Federal Deposit Insurance Corporation, Consumer Financial Protection Bureau, and Federal Trade Commission are all confirmed to be government agencies.Aug 26
• Medallion Bank's dividends are tied to U.S. Treasury rates and the bank is FDIC-insured.Thu 00:07
• The FDIC is monitoring the Iowa banking industry, noting the role of local deposits in fueling local lending.Aug 28
• Money Market Accounts are insured by the FDIC and NCUA, and their yields loosely track short-term Treasury rates.Jun 27