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If You are FDIC insured up to $100,000 where does the difference go, if your bank is seized?

The FDIC insures each distinct bank account you have up to $100,000. In other words you can be insured for all of your bank accounts even if they total more than $100,000 together, as long as each account is...

5 comments    advice money economy
60

Is your BANK FAILING?

Is your bank failing?  Even if it is, rest assured, everything is OK!  The worst that can happen, is you get a new sign on the building and a new debit/check card with a new bank name on it.  Even if...

0 comments    banks fdic beneficiary
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FDIC Insurance Limits

As the credit crisis spreads throughout the financial sector, brokerages are suffering their own version of Chinese water torture. Lehman Brothers filed for bankruptcy protection Monday after making bad...

1 comment    fdic fdic insurance bank safety ratings
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