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is strata bank solvent

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Anonymous

17y ago
Updated: 9/10/2019

According to Bankrate.com's "Safe and Secure" rating system, Strata Bank of Medway Massachusetts earns only one star, Bankrate.com's lowest rating for solvency. Strata Bank is FDIC insured (as of 7/20/09, at least) so deposits of up to $250,000 per depositer are protected in the event of the bank's closure.

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Wiki User

17y ago

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