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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.

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16y ago

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