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Federal Deposit Insurance Corporation.

The FDIC insures deposits at 8,195 institutions. The FDIC also examines and supervises certain financial institutions for safety and soundness, performs certain consumer-protection functions, and manages banks in receiverships (failed banks). It covers up to $250,000.00 for each account including CD IRA's.

-word bruh-

ps. see

http://en.wikipedia.org/wiki/FDIC#FDIC-insured_products

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14y ago

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Can I get insurance on my high yield interest accounts?

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