Posts Tagged ‘fdic insurance limits’
FDIC Insurance Limits
The FDIC Insurance limits have experienced a major increase as part of Congress’ economic bailout package. The FDIC insurance limits have been increased to $250,000 per depositor. For decades the limits were at $150,000.
Why Did Congress Increase the FDIC Insurance Limit?
The FDIC insurance limit increase is designed to give depositors confidence that their money will [...]
Tags: fdic insurance limits, FDIC Insured, savings accounts
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