FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money ...
Ask the Lawyer columnist Ron Sokol discusses how the Federal Deposit Insurance Corporation seeks to keep your banking ...
A: If your federally insured bank fails, the Federal Deposit Insurance Corporation seeks to keep your money safe. Specifically, the FDIC insures up to $250,000 per depositor, per institution ...