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FDIC insurance
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FDIC insurance


The bank is covered by FDIC insurance.
  a government corporation that insures the first $100,000 of each account in banks that are members of the Federal Reserve System
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Notes:
Under current law, multiple accounts owned by the same person are covered as long as they are at different member banks.
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  • The bank is covered by FDIC insurance.
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Associated words [difficulty]:   FDIC insurance , community property [9] , pawn shop [4] , con artist [7] , deposit slip [7] , installment plan [7] , fringe benefit [8] , pyramid scheme [8] , bounced check [9] , claims adjuster [9] , community property [9] , estate planning [9]
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Most commonly used in these subjects:   Personal Finance, Public Policy & Politics
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