When you open a deposit account, such as a savings or checking account, you may see a notice stating the account is FDIC-insured. The Federal Deposit Insurance Corporation (FDIC) is an independent ...
These days, having your bank account insured by the federal government is comforting. That’s because it’s rare to see a bank fail, and many depositors don’t have enough in their accounts to even come ...
Most certificates of deposit (CDs) are insured by the Federal Deposit Insurance Corporation (FDIC) if they’re issued by a member bank. That means your money is protected up to $250,000 per depositor, ...
Just as stock market turmoil is a good reminder to make sure your investment portfolio is diversified, a few surprise bank failures is a good excuse to find out whether your financial accounts — not ...
NEW YORK (MarketWatch) -- Many more of you responded to my Sept. 19 column on how FDIC insurance works to cover time deposits, and how to extend that coverage to cover sums larger than $100,000. Good ...
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