On April 9, 2026, the Federal Deposit Insurance Corporation (“FDIC”) issued a Notice of Proposed Rulemaking (the “FDIC Proposal”) to implement the Guiding and Establishing National Innovation for U.S.

FDIC insurance protects up to $250,000 per depositor, per bank, per ownership category, leaving balances above that limit uninsured if a bank fails. While bank failures are rare, they can spike during ...