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as long as Congress and the private for profit un-federal no-reserve corporation[the "federal reserve" is as federal as federal express] continues to fund the FDIC,they will survive.. if they don't continue to replenish the FDIC with cash/electronic digits, as regional banks continue to go under,the FDIC will cease to exist,and its very doubtful whether they will create anything to take its place...the international bankster gangsters want to replace the dollar[and all other World Currencies too] with a one world electronic currency..all part and parcel of the new world order they want so badly to keep us all enslaved under a one world Dictatorship
What else can I help you with?
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.
What is the maximum amount of time the FDIC has to pay a claim under the FDIC bank deposit insurance?
20 years
What does FDIC stand for in the new deals program?
The FDIC was esablished as part of the Banking Act of 1933 under Franklin D. Roosevelt's New Deal. FDIC is an abbreviation for Federal Deposit Insurance Corporation.
Is SunTrust Bank in Tampa a FDIC bank. And what is the maximum insured amount?
If you have under $100,000 in all combined accounts at one particular FDIC-insured bank, you are covered.
What is the fdic insured amt after Dec 2009?
The FDIC extended the $250,000 limit to December 31, 2013. After that date, it will go back to the original $100,000.
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
Are CDS regardless of the time frame ( 3,6,12 month etc) FDIC Insured?
CD's or certificates of Deposit just like savings accounts are FDIC insured, regardless of maturity period. If a bank were to go out of business, the FDIC would step in and cover any and all FDIC products, including CD's.
If you have money in a FDIC insured account and the bank goes under. How long does it take for you to get your money back?
Most banks are fincially backed and your money is insured up to 250,000. Even if the bank went under the FDIC will right you a check as soon as the paper work is processed.
Can the government close banks under the American financial stability act?
Yes, the FDIC is in charge of that department.
How does FDIC insurance work?
The FDIC provides to $200,000 of insurance per bank account. This means that if the bank goes under, you will still have your money. If you have more than $200,000, you will need to put in in multiple bank accounts.
Where you can verify if the bank is legal?
Go to the FDIC web-site. and see if they list the bank
Is Flagstar bank FDIC insured?
Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.
