YOUR BUSINESS AUTHORITY
Springfield, MO
The Federal Deposit Insurance Corp. Board of Directors approved a proposal to raise fees for big banks.
The rule applies to banks that have more than $5 billion in uninsured deposits.
The FDIC is seeking to refill some $15.8 billion that was depleted from its Depositor Insurance Fund after the failures of Silicon Valley Bank and Signature Bank.
Read more from CNN Business.
An updated Lawrence County Health Department facility is under construction in a new development area on the south side of Mount Vernon, according to project officials.