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"Poof".

If your bank fails, any loss you incur beyond the FDIC limit is not recoverable except as a creditor in the Bankruptcy process...but good luck with getting anything out of that.

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16y ago

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What the largest amount of money a person can have insured?

Usually, FDIC insures up to $250,000 in deposits.


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The FDIC stands for Federal Deposit Insurance Corporation. The FDIC's role is to insure depositers up to a certain amount of money. They previously insured up to $100,000 however recently changed it to $250,000. The FDIC's job is guarentee that people's money is safe within their bank. If a bank is FDIC insured there should be signs within the bank with an FDIC logo on it.


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If a bank is FDIC insured then it would be up to $250,000.00 To find a bank that is insured by FDIC go to the link below


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