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No. Merrill Lynch is not a deposit taking banking. FDIC only insures deposits that are placed with registered banks that are approved by the Federal Reserve to accept customer deposits. Since ML invests in Stock Market instruments that change in value based on market movements, the money invested through Merrill Lynch is not FDIC insured.
What else can I help you with?
Are mutual saving banks fdic insured?
are mutual saving banks be FDIC insured
Are all US banks FDIC insured?
All us banks are not FDIC insured, however most banks that are competing effectively for business are usually FDIC insured.
Is Flagstar bank FDIC insured?
Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.
Are iberiabank cd;s FDIC insured?
Yes, Iberiabanks' cd s are FDIC insured.
Is Sovereign bank FDIC insured and for how much?
Yes, their bank is FDIC insured for up to 100,000.
When was Merrill Lynch created?
Merrill Lynch was created in 1914.
What is Merrill Lynch's population?
The population of Merrill Lynch is 2,010.
Is Preferred Community Bank FDIC insured?
They are FDIC insured up to $100,000.
Are CDs FDIC insured?
Yes, Iberiabanks' cd s are FDIC insured.
What is Merrill Lynch's clearing number?
merrill lynch clearing number
Are mutual saving banks fdic insured?
are mutual saving banks be FDIC insured
Are all US banks FDIC insured?
All us banks are not FDIC insured, however most banks that are competing effectively for business are usually FDIC insured.
Is Flagstar bank FDIC insured?
Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.
What is the ticker symbol for merrill lynch?
The ticker symbol for Merrill Lynch is MER.
Is Sovereign bank FDIC insured and for how much?
Yes, their bank is FDIC insured for up to 100,000.
Are iberiabank cd;s FDIC insured?
Yes, Iberiabanks' cd s are FDIC insured.
Is chase bank fdic insured?
Yes. Chase bank is FDIC Insured. All deposits upto $250,000 in chase deposit accounts are insured by the FDIC. Chase bank is one of the largest banks in USA and it wouldn't be so if it was FDIC un-insured
