The SAFER Banking Act simply addresses the specific public policy challenges facing states in light of the federal prohibition on banking cannabis-related funds, and it does so in a way that will help move cash from legal cannabis businesses into the highly regulated banking system, where it will be more transparent to ...
Key Takeaways (2025 Update)
Enabling Legal Banking for CRBs: The SAFE Banking Act provides federal protections for banks, allowing them to serve cannabis businesses operating legally under state laws without fear of federal prosecution or regulatory penalties.
Banking Laws (Amendment) Act, 2025
So, is your money safe in the bank in 2025? For most people, yes. The failures of Pulaski Savings Bank and The Santa Anna National Bank was unfortunate, but they weren't signs of a bigger problem. The U.S. banking system is pretty resilient, and the FDIC is there to protect your deposits.
Here are the best low-risk investments in 2025:
High-yield savings accounts. Money market funds. Short-term certificates of deposit. Cash management accounts.
RBI's new guidelines will close dormant, inactive, and zero balance accounts starting January 1, 2025. Account holders must take steps to reactivate or maintain their accounts to avoid closure. Reactivate inactive accounts by making transactions and engaging with dormant accounts at the bank branch.
These Banks Closed the Most Branches in 2025
U.S. Bank and Wells Fargo shuttered the most branches this past year, combining to close a net total of 180 branches. This accounts for more than half of the net bank closures this year, according to OCC data.
While the FDIC insures deposits up to $250,000, meaning your money is generally safe if a bank fails in a crisis, a legal mechanism called "bail-in" authority exists under U.S. law (Dodd-Frank Act) that could allow failing banks to convert large deposits into equity (essentially seizing funds to recapitalize the bank). Although not implemented in the U.S. yet, this "bail-in" concept has been used elsewhere, creating concern, though many experts believe regulators would prevent the system collapse it would cause. For typical accounts, deposits are protected, but large, uninsured amounts carry more risk in extreme scenarios, making diversification across banks a wise precaution.
Key Takeaways
54% of Americans report no dedicated retirement savings, according to the Federal Reserve's 2022 Survey of Consumer Finances. $1.26 million is the new target for comfortable retirement in 2025.
If you withdraw $10,000 or more in cash, your bank files a Currency Transaction Report (CTR) to FinCEN.
Key Takeaways. Two small banks, each with a single branch, failed in 2025. Five credit unions were also shuttered by regulators this year. Bank failures are generally uncommon, with only a few occurring in a typical year.
The bill was signed into law by President Joe Biden on June 25, 2022. It was the first major federal gun legislation to be passed since the Federal Assault Weapons Ban of 1994.
On the other hand, the cash deposit limit in a Savings Account per financial year is set at ₹10 lakhs. Your bank will report a transaction that exceeds this limit to Income Tax authorities.
Both banks and credit unions are safe places to keep your money during a recession. Banks are insured by the FDIC, and credit unions are insured by the NCUA. Both types of financial institutions insure up to $250,000 per depositor, per account category.
Easy access savings
Bearing in mind the base rate had fallen to 4.75% by the beginning of 2025, from a high of 5.25%, the year began with easy access accounts still looking pretty respectable. Top payers in early January 2025 were paying as much as 4.85%, due to ongoing competition.
Large U.S. banks wrapped up 2025 looking pretty good — especially from shareholders' point of view. After a year of high interest rates, volatile but rising asset prices, and affluent consumers who kept spending despite uncertainty, profits rolled in across Wall Street, with stock prices rising to match.
Best National Banks – December 2025
Money in the Bank 2026 will be held in New Orleans, LA according to The Greater New Orleans Sports Foundation. This comes after the city no longer being the host of WrestleMania 42, but in an unspecified year will. (via @wrestlenomics)