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How Bank Insurance Applies to Depositor
Sylvia Porter explains FDIC deposit insurance rules in plain terms. The piece covers types of insured deposits, joint accounts, multiple banks, certificates of deposit, payout timing, and who funds the insurance, noting 99 percent of savings and checking accounts are federally insured.
MENTIONED IN THIS ARTICLE
Bank of Commerce
Tonkawa
Okla
Port Federal Deposit Insurance Corp
Tonkawa Bank
Lorenzo
Texas
Jacksonville
Fla
FDIC
Massachusetts