0
alot of money by helping other people
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How does the FDIC make money?
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.
How much will the fdic insure money up to until 2013 at banks?
$250,000.00
How much money is insured in the bank?
If a bank is FDIC insured then it would be up to $250,000.00 To find a bank that is insured by FDIC go to the link below
How much money can a debit card hold?
Up to $100,000.00 in an FDIC insured account.
If you keep your money in an FDIC-insured bank how much of your money is insured?
up to 250 thousand dollars is insured in all banks
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.
Yvette is a customer of Apexon Bank which is a member of the FDIC. She currently has a checking account that has 17371 and a savings account with 240000 in it. How much of Yvette's money is FDIC?
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.
What was created to protect your money in banks?
The FDIC
