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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.
What else can I help you with?
Is it safe to use Webster Bank online?
The Webster is a financial institution that is insured by the FDIC and it offers various financial services and amidst all of these, safety in the online banking is the most effective features that the bank is associated with.
What type of bank account do the Rich keep their money in if the FDIC only insures up to 100000.00 in a bank account?
The FDIC insures up to $100,000 in an account, however you may use multiple accounts, each insured up to $100,000. "Rich" people became that way, not because of interest on bank accounts, but rather by making good investments.
Are online bank accounts safe to use?
online trading refers to buying and selling via the Internet. Online investing is safe, quick and easy. With one click of mouse you can buy or sell stocks.you can visit http://hyipworthy.com for more info about online investment.
Which banks offer the safest balance transfers?
Most major banks offer safe balance transfers. As long as you use their secure website and guard your password, your finances are kept safe. Make sure you use a bank that is FDIC insured. I have used Morgan Chase for years and have had no problems.
Did wamu use to crossland savings bank?
No! It only got some assets from the FDIC along with other banks.
Where can I find a good personal loan website?
You can use FDIC Bank Find - allows you to locate FDIC-insured institutions by entering your information and you will be provided with a list of institutions http://www4.fdic.gov/IDASP/main_bankfind.asp *Answer: If you're thinking about applying for a personal loan on line be really careful. When I researched on-line mortgages all I could find were rip offs. I wouldn't be surprised if it wasn't the same for personal loans.
Does your old PSFS common stock aka Meritor Savings Bank still have any value?
The FDIC (as receiver for Meritor Savings Bank) is distributing $4.27 per share (figure correct as of 3/19/2012) of common stock of PSFS (a.k.a. Meritor). Shareholders must send their stock certificates and claims (including substitute W-9 form) to an address of the FDIC in Texas. Use Google to find the FDIC letter to shareholders.
How safe are online money market accounts?
Online money market accounts are generally safe as they are typically insured by the Federal Deposit Insurance Corporation (FDIC) up to a certain limit. However, like all financial accounts, there is always a risk of fraud or hacking, so it's important to use strong security measures and choose a reputable financial institution.
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.
What new deal agency dealt specifically with re-establishing public confidence in banks?
The Federal Deposit Insurance Corporation (FDIC) was established as part of the New Deal in 1933 to restore public confidence in the banking system. It provided insurance for bank deposits, ensuring that depositors would not lose their savings in the event of a bank failure. By guaranteeing deposits, the FDIC aimed to stabilize the banking sector and encourage people to trust and use banks again.
How do you use domestic tranquility in a sentence?
domestic tranquility is an important part of the constitution and means to have peace and order. The man was insured domestic tranquility living in the country.
Why is it important to know and understand how to use the properties of algebra?
go to school to make bank.
