"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.
Usually, FDIC insures up to $250,000 in deposits.
Money in a bank is FDIC insured. Money with an insurance company is actually safer than with a bank.
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.
No
fdic benefits people and Franklin d roosevelt. yay lolsz having fun
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
The maximum FDIC insured amount TOTAL for any individual is $250,000, so you have to consider all of your bank savings and bank CDs. Remember that stocks are not covered and other investments are not necessarily FDIC insured.
up to 250 thousand dollars is insured in all banks
If you have under $100,000 in all combined accounts at one particular FDIC-insured bank, you are covered.
Yes if they are in an institution otherwise covered by the FDIC and are within the coverage limits.
The amount has increased to $250,000.
Yes, Iberiabanks' cd s are FDIC insured.