Industrial banks allow the companies to accept deposits insured by the Federal Deposit Insurance Corp. into savings accounts.

FDIC approves Ford Credit Bank and GM Financial Bank deposit insurance for Utah industrial banks funding auto loans via ...

Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 ...

The Federal Deposit Insurance Corporation has given Ford and General Motors something they have chased for years: permission ...

The Federal Deposit Insurance Corp.'s approval of Industrial Loan Company charter applications for General Motors and Ford ...

Ford and General Motors have stepped in with emergency funding to keep key auto-parts supplier First Brands alive while it navigates Chapter 11 and a high profile fraud case involving its founder. You ...

After a globe-hopping mission to secure new trade deals and foreign investment, Prime Minister Mark Carney was back in Ottawa ...

Ford and GM recently got the green light to launch banks. Here's what that could mean for car buyers.

A bruising battle with the United Auto Workers (UAW) at the end of 2024 led to a landmark agreement, but it increased Ford’s ...

The Federal Deposit Insurance Corporation approved deposit insurance applications for Ford Motor and General Motors to ...

Ford Motor Credit Company filed a breach-of-contract lawsuit against Garrett and Letticia Greyhat on Jan. 15 in New Mexico District Court for Valencia County. The action, brought by Nelson & Kennard, ...

Ford Motor Credit Co. filed a breach-of-contract lawsuit against Makelele Systems Landscape & Maintenance on Jan. 15 in California Superior Court for San Diego County seeking to recover $92,230 for ...