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Assuming you are talking about FDIC insured banks, the new limits went into effect starting October 3, 2008 and tentatively scheduled to expire on December 31, 2009.

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16y ago

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What amount of my savings is FDIC insured?

The FDIC only insures accounts with up to $100,000. If you need to, you can always open up multiple accounts. Take into consideration how much interest that you will be earning so as not to go above that limit.


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