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Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation.
In this month’s Money Matters we ask Dana Robb, vice president of retail banking and operations at Pittsfield Cooperative ...
A judge’s decision, made public Monday, marks the latest development in a yearslong legal fight between the bank and the ...
You don't need to sign up for FDIC insurance. If it's an FDIC-backed bank, you're automatically covered up to that amount. How to insure bank deposits beyond the FDIC limit If you have more than $ ...
The FDIC had claimed in its lawsuit over deposit insurance that Bank of America had “unjustly enriched itself at the FDIC’s ...
"If you deposit $1,000, and the institution is FDIC insured, that dollar amount is within the amount of money that the ...
Many banks offer money market accounts as a place to earn some interest on your money, with easy access to the funds when you need them. While a money market account comes with the perks of ...
Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money The U.S. government established the Federal Deposit Insurance Corporation to insure bank deposits in case the bank fails ...
CIBC Bank USA is FDIC-insured. You may safely keep up to $250,000 ... direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be ...
And so they place their money in various accounts at banks insured by the FDIC, the Federal Deposit Insurance Corporation. This incredibly important, independent agency of the United States ...
You are responsible for monitoring the total amount of deposits at UBS Bank USA in order to determine the extent of FDIC deposits insurance coverage. For more information about FDIC insurance, please ...