answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How many instition are currently reporting to the FDIC?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

The FDIC insures bank deposits up to how much per deposit?

The FDIC insures deposits up to $250,000 per depositor in any bank. However, some account types are covered differently in many cases.


What are the benefits of joining the Federal Deposit Insurance Corporation?

The Federal Deposit Insurance Corporation (FDIC) is an American government insurer that guarantees deposit accounts in participating banks and thrifts in an amount up to $250,000. This coverage guarantees that depositors will not lose their savings up to the insured amount should the bank fail. While the banks pay a premium to the FDIC for this insurance, it is to their benefit as many individuals, organizations and businesses will not deposit funds with an institution that is not FDIC insured.


How many FDIC insured accounts can you have at the same bank?

FDIC insurance covers all types of deposits received at an insured bank, including deposits in checking, NOW, and savings accounts, money market deposit accounts, and time deposits such as certificates of deposit (CDs). FDIC deposit insurance covers the balance of each depositor's account, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest through the date of the insured bank's closing. The FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities, or municipal securities, even if these investments were bought from an insured bank. The FDIC does not insure U.S. Treasury bills, bonds, or notes. These are backed by the full faith and credit of the United States government.


What are the solutions for financial accounting and reporting?

The solutions for financial accounting and reporting are maintained by a well developed system. Many are available on the market and integrate the actual data accounting with automated report generation.


Where do you deposit funds exceeding 100000 and still have FDIC insurance?

Your funds are insured up to $100,000 per "ownership category" per FDIC-insured bank. Examples of ownership categories are an account that is solely in your name, a joint account with your spouse, and an account that is solely in your spouse's name. There would be a total of $300,000 of FDIC-insured money at this particular bank if all three of these accounts held $100,000. You may open an account at a different bank if you'd like more funds to be FDIC insured. Here are details: http://www.fdic.gov/deposit/deposits/insured/index.html Investment-Income.net shops many banks for the best rates, and holds the funds in a single account, as long as each bank is below the FDIC Insurance limit the amount of funds covered in a single account is unlimited. Enclosed it the bank CD lists http://investment-income.net/rates/bank-cd-rate-page

Related questions

Is Asset Management Alliance of Glenview and Oak Brook IL FDIC insured ?

Be careful, and read the fine print !! While many financial institutions are FDIC insured, some are not. Even an institution with FDIC-insured deposits, may offer products which are NOT covered by the FDIC. A good way to find out, is to check here, to see whether a particular bank is insured : http://www2.fdic.gov/idasp/main_bankfind.asp I could not find an entry on the FDIC's website for the company you indicated.


The FDIC insures bank deposits up to how much per deposit?

The FDIC insures deposits up to $250,000 per depositor in any bank. However, some account types are covered differently in many cases.


Was the fdic successful?

Yes, the FDIC (Federal Deposit Insurance Corporation) was successful. In 1933, The United States was engulfed in a "Great Depression" and many people were put out of jobs. The unemployment rate was over 20%. The president Franklin D. Roosevelt signed the Banking Act of 1933. This legislation established the FDIC as a temporary government corporation. The Banking Act of 1935 made the FDIC a permanent agency of the government and provided permanent deposit insurance maintained at the $5,000 level.I hope you all found this information helpful. Information found from Wiki & FDIC Website


What is the meaning of Global Reporting Initiative?

There are many meanings to the phrase of Global Reporting Initiative. These include, but are not limited to, reporting economic, environmental, and social performance of the world.


Is there any school of court reporting?

There are a great deal of schools that offer courses in court reporting. Court reporting courses can also be done online. This website offers a look at the many choices of court reporting schools in the U.S, http://www.courtreportingschools.com/


How many BBC staff are reporting euro 2012?

650


What is the meaning of initial report?

There are many meanings to the phrase of Global Reporting Initiative. These include, but are not limited to, reporting economic, environmental, and social performance of the world.


What are the benefits of joining the Federal Deposit Insurance Corporation?

The Federal Deposit Insurance Corporation (FDIC) is an American government insurer that guarantees deposit accounts in participating banks and thrifts in an amount up to $250,000. This coverage guarantees that depositors will not lose their savings up to the insured amount should the bank fail. While the banks pay a premium to the FDIC for this insurance, it is to their benefit as many individuals, organizations and businesses will not deposit funds with an institution that is not FDIC insured.


How many Canadian breweries were started by a woman?

commander bubbles reporting for duty


How many FDIC insured accounts can you have at the same bank?

FDIC insurance covers all types of deposits received at an insured bank, including deposits in checking, NOW, and savings accounts, money market deposit accounts, and time deposits such as certificates of deposit (CDs). FDIC deposit insurance covers the balance of each depositor's account, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest through the date of the insured bank's closing. The FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities, or municipal securities, even if these investments were bought from an insured bank. The FDIC does not insure U.S. Treasury bills, bonds, or notes. These are backed by the full faith and credit of the United States government.


How many women currently serve in the military?

How many females are currently serving in the US Army.


How many teams are their currently in the NHL?

There are 30 teams currently in the NHL.