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Your Money's Worth Urging Deposit Insurance Ceiling Boost to $25,000
Sylvia Porter argues for raising the federal deposit insurance ceiling from 10,000 to 25,000, backed by FDIC and FSLIC, noting compulsion for federal banks but not state, with widespread Congress support. She cites past increases boosting savings and argues higher limits won’t raise costs, while attracting funds from institutions and businesses.
MENTIONED IN THIS ARTICLE
Newyore
Istration
Congress
Associa Federal Savings & Loans
Surance Corp
Savings and Loan
Budget Bureau
Joseph McMurray
Federal Home Loan Bank Board
Savings and Loan Associations
FDIC
FSLIC
Roosevelt
National Dynamics
New York
Fpslic