3 years ago

If your bank is a member of the fdic, what does that mean for you?

2 answers:

6 0

The FDIC stands for the Federal Deposit Insurance Corporation. This agency insurance covers all types of deposits received at an insured bank, including deposits in a checking account, negotiable order of withdrawal (NOW) account, savings account . Each customer banking at an FDIC insured institution is insured to at least $ 250,000. If your bank is a member of the FDIC this means for you that your money are insured.

Novosadov [1.4K]3 years ago

5 0

Your money is protected by insurance up to a specific amount.

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This refers to the certification that shows that a person has completed the core objectives and studies and can be referred to as an expert of a thing.

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