Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.
Yes, Sterling Bank is FDIC insured. All non-interest amounts in your account will be guaranteed by the FDIC.
$100000
As long as your bank is insured by the FDIC the first 250k of each bank account is covered by the FDIC
It means that your deposits are insured or safe-kept by the FDIC. FDIC insures upto $250,000 of your deposit in your bank. So, lets say you have $50,000 in your bank account and the bank just declared bankruptcy. The FDIC will give you the $50,000 you had your bank account. Lets say I had $500,000 in my bank account. In that case I will get only $250,000 because FDIC insures only upto that amount per customer account per bank.
A 401 unauthorized type of bank account is a bank account that is not insured by the FDIC. Which is the Federal Deposit Insurance, which is an insurance company that guarantees that if the bank goes under you will still be able to access any money that was deposited into the account.
Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.
yes
Yes, Sterling Bank is FDIC insured. All non-interest amounts in your account will be guaranteed by the FDIC.
$100000
YepMoney market savings accounts are insured by the FDIC if the account's at a bank. They're insured by the NCUA if the money market account is at a credit union.yes they are insured up to 100,000 dollars during the credit crisis this limit was raised to 250,000 per account. Thus if you have more money than distribute it amongst several banks
As long as your bank is insured by the FDIC the first 250k of each bank account is covered by the FDIC
It means that your deposits are insured or safe-kept by the FDIC. FDIC insures upto $250,000 of your deposit in your bank. So, lets say you have $50,000 in your bank account and the bank just declared bankruptcy. The FDIC will give you the $50,000 you had your bank account. Lets say I had $500,000 in my bank account. In that case I will get only $250,000 because FDIC insures only upto that amount per customer account per bank.
Savings
The FDIC insures up to $100,000 in an account, however you may use multiple accounts, each insured up to $100,000. "Rich" people became that way, not because of interest on bank accounts, but rather by making good investments.
Yes, ING Direct is an FDIC insured Bank. This means that deposits are insured up to $250,000, as are singly held accounts. Joint accounts which are 50/50 ownership are insured up to $250,000 per person, on the account, totalling up to $500,000 for the account. ING Direct is registered with the FDIC in Wilmington, Delaware, under number 35489.
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