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FDIC Insurance Basics; ... FAQs About FDIC Insurance; ... FDIC insurance is backed by the full faith and credit of the United States government.
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www.fdic.gov/deposit/deposits/insured/index.html
www.fdic.gov/deposit/deposits/insured/index.html
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Under the new law, the standard FDIC insurance limit of $250,000 dollars per depositor will continue until December 31, 2013. Prior to the signing of this law, the increase last year from $100,000 dollars per depositor to $250,000 dollars per depositor was set to expire at the end of this year.
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www.boston.com/business/personalfinance/managingyourmon...
www.boston.com/business/personalfinance/managingyourmoney/archives/2009/06/fdic_insurance.html
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Federal Deposit Insurance Corporation - Wikipedia, the free encyclopedia
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The Federal Deposit Insurance Corporation ( FDIC ) is a United States government corporation created by the Glass-Steagall Act of 1933. It provides deposit insurance, which guarantees the safety o...
en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corpora...
en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation
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If this describes you, it is important to remember that the FDIC's insurance limit is not a "per person or per depositor" amount. It is also not a "per account" limit. Instead, it is "per depositor per TYPE of account."
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www.todaysseniors.com/pages/FDIC_Insurance.html
www.todaysseniors.com/pages/FDIC_Insurance.html
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Depositors of banks and savings institutions sometimes lose substantial sums because they have not taken care to keep their deposits within the Federal Deposit Insurance Corporation's (FDIC) insurance limit of $100,000. Following are some typical situations that have caused deposited sums to be left uninsured.
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www.floridalegalanswers.com/report/insurance.html
www.floridalegalanswers.com/report/insurance.html
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The proposal to raise the insurance limit comes at a time when bank failures are increasing, putting more account holders with uninsured deposits at risk. The FDIC has taken over 13 banks so far this year, and analysts are predicting many more failures before the economy turns around.
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www.usatoday.com/money/industries/banking/2008-09-30-fd...
www.usatoday.com/money/industries/banking/2008-09-30-fdic-insurance_N.htm
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Given this, I'm surprised that an increase in the FDIC insurance limit hasn't been a part of the national conversation about saving the finance industry. Why is raising the limit unappealing? Of course, a higher insurance limit would make bank failures more expensive for the FDIC.
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www.taxfoundation.org/blog/show/23678.html
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Obama, urging reconsideration of the bailout plan, also argues that the FDIC insurance limit should be raised from $100,000 to $250,000. Mad Money host Jim Cramer also made the same point yesterday, suggesting a $1 million limit with additional fees.
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www.taxfoundation.org/blog/show/23694.html
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