0
alot of money by helping other people
Webster Gutkowski
Add your answer:
Earn +20 pts
How much money does the fdic make?
alot of money by helping other people
Where can one find more information on Money Market FDIC?
One can find helpful information on the FDIC money market from FDIC's official website. Make sure to use the government TLD when entering the website address.
Are structured annuities FDIC insured?
Money in a bank is FDIC insured. Money with an insurance company is actually safer than with a bank.
where can we transfer our money to keep it safe in a safe savings accoung?
Make sure the bank you have your money in is FDIC insured. If so, your money is safe up to $100,000.00.
Is your money safe in an online savings account?
The Federal Deposit Insurance Corporation (FDIC) protects the money in the bank accounts of U.S. consumers. Before opening an online savings account, contact the FDIC to see if your bank is covered by this insurance. The FDIC website has a tool that can help you with this process. Visit http://www2.fdic.gov/idasp/main_bankfind.asp. As long as the online savings account is FDIC insured, your money should be safe. You can visit the FDIC website (www.fdic.gov) to check and make sure that the institution in which you plan to open an account is covered.
What is the role of FDIC?
The FDIC stands for Federal Deposit Insurance Corporation. The FDIC's role is to insure depositers up to a certain amount of money. They previously insured up to $100,000 however recently changed it to $250,000. The FDIC's job is guarentee that people's money is safe within their bank. If a bank is FDIC insured there should be signs within the bank with an FDIC logo on it.
What was created to protect your money in banks?
The FDIC
Are Money Market Funds insured by the FDIC?
No
How important is it to use a bank that is FDIC insured?
It is very important that any bank you use be FDIC insured. the FDIC insures that if the bank goes out of business or otherwises loses it's money, that your money will be replaced by the federal government. Otherwise you run the risk of losing any money you deposit in the bank if they go under without FDIC insurance.
Are money market accounts FDIC insured?
Yes if they are in an institution otherwise covered by the FDIC and are within the coverage limits.
Who does the FDIC benefit?
fdic benefits people and Franklin d roosevelt. yay lolsz having fun
Is your money safe if you are to deposit it in banks?
As long as the online bank is a member of the FDIC, the money you deposit in your savings account is federally insured up to $250,000. You can check the current FDIC status of the bank by going to the FDIC website. Never open any bank account, online or off, with a bank that is not an active member of the FDIC.
