Federal Deposit Insurance Agency (FDIC)
yes WoodForest National Bank a FDIC Covered Bank.
Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.
FDIC premiums must be deposit based because that is how they are paid out. FDIC insures each deposit at every member bank up to $100k (actually I think they just raised it significantly). If premiums were 'asset based' they would reflect the asset the bank holds, which does not necessarily have anything to do with how much the bank holds in deposits or how much the FDIC is responsible for in case of a failure.
Yes, Sterling Bank is FDIC insured. All non-interest amounts in your account will be guaranteed by the FDIC.
Federal Deposit Insurance Agency (FDIC)
The FDIC
yes WoodForest National Bank a FDIC Covered Bank.
Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.
FDIC premiums must be deposit based because that is how they are paid out. FDIC insures each deposit at every member bank up to $100k (actually I think they just raised it significantly). If premiums were 'asset based' they would reflect the asset the bank holds, which does not necessarily have anything to do with how much the bank holds in deposits or how much the FDIC is responsible for in case of a failure.
Yes, Sterling Bank is FDIC insured. All non-interest amounts in your account will be guaranteed by the FDIC.
Yes, their bank is FDIC insured for up to 100,000.
Yes, Alma Bank is an FDIC insured bank. A quick check of their web page reveals this.
"No, I do not believe Vanquis Bank is backed by the FDIC. The FDIC is a United States corporation, whereas Vanquis Bank is banking institution that is located in the United Kingdom."
All of Yvette's money in both her checking account and savings account is FDIC insured. The FDIC insures up to $250,000 per depositor, per account category in the event of a bank failure. Therefore, the entire amount of Yvette's combined deposits of $257,371 is covered by FDIC insurance.
Republic Federal Bank, N.A. is fully insured by the FDIC.
As long as your bank is insured by the FDIC the first 250k of each bank account is covered by the FDIC