Bank networks, such as IntraFi Network Deposits and Impact Deposits Corp., can help spread excess deposits across multiple FDIC-insured banks for maximum coverage. Opening accounts with different ...
Most likely, you have gone to an FDIC-insured bank without even knowing what that meant. Many people see these letters every day — and benefit from them — without knowing the background or ...
Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change how bank accounts held in the name of a trust will be insured.