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Are your funds insured at wells Fargo?

Updated: 9/11/2023
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16y ago

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All banks (legitimate banks anyway) are backed by the FDIC, which insured the first $100,000 of deposited funds per depositor... not per account. If you have $120,000 in Wells Fargo bank accounts (doesn't matter how many accounts) then you have $20,000 of uninsured cash balances.

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