Established during the Great Depression, the Federal Deposit Insurance Corp (FDIC) ensures that your bank deposits are safe, even if the bank goes under. The FDIC — which is funded by premiums ...
Bankrate on MSN1mon
FAQ about bank safety and deposit insuranceKey takeaways Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't ...
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