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Are CDS regardless of the time frame ( 3,6,12 month etc) FDIC Insured?
Updated: 9/10/2019
Wiki User
∙ 15y agoBest Answer
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.
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∙ 15y agoThis answer is:
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