“I work my ass off in my whole life and put my money in the bank. If my accounts are not FDIC insured, what should I do?!”

30Sep08

That is all our concern, right?!

First of all, all traditional types of bank accounts i.e. checking, savings, trust, certificates of deposit (CDs), IRA retirement accounts as well as money market deposit accounts are insured by the FDIC up to the legal limit of $100,000 (some of them are insured to a higher [...]

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Tags: account, bank, bonds, FDIC, financial crisis, insurance, safe deposit, savings, stocks, WAMU, washington mutual