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Maximize FDIC coverage• Trust accounts – even informal trusts – can land the owners vastly more insurance coverage. That’s because the FDIC will cover as much as $100,000 per qualifying ...
Investors driven to safe havens–such as bank deposits and certificates of deposit–may be shocked to find that not all bank deposits are safe. In the last three years, investors have lost $114 ...
WASHINGTON — All banks should pay for deposit insurance according to their risk of failure, and the $100,000 limit on account coverage should be pegged to inflation, the Federal Deposit ...
If coverage were doubled, insured deposits could swell to as much as $3.3 trillion, Federal Deposit Insurance Corp. officials have told bankers in meetings over the last four months. An estimated $400 ...
WASHINGTON (CBS.MW) -- A bill raising federal insurance on bank deposits to $130,000 per account and indexing the coverage amount to inflation overwhelmingly cleared the U.S. House of ...
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 ...
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