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Non-banks’ use of banking lingo, FDIC logo draw scrutiny. Amid bank failures, FDIC sees an increase in false promises of deposit insurance ...
Banks also will be required to display the FDIC logo on certain ATMs. The rule became effective on April 1, 2024 and has a compliance date of January 1, 2025. [View source.] ...
The amount that the FDIC insures has been revised several times. In 1934 the FDIC insured up to $5,000 per account. In 1980 the limit was increased to $100,000.
FDIC Insurance Coverage: Confirm that the bank is FDIC insured and understand how your deposits are protected. “First Fed has been serving our communities for 100 years.
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