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POLL: For US "bank crisis" what would YOU do?
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<p>[QUOTE="starbuxinvestor, post: 1682894, member: 39708"]<b>What does FDIC deposit insurance cover?</b></p><p><b></b> FDIC 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, money market deposit account (MMDA), time deposit such as a certificate of deposit (CD)<font face="arial"><font size="2"><span style="color: #000000">, or an official item issued by a bank (such as a cashier's check or money order).</span></font></font></p><p>FDIC insurance covers depositors’ accounts at each insured bank, dollar-for-dollar,<u><b> including principal and any accrued interest through the date of the insured bank’s closing</b></u>, up to the insurance limit.</p><p>The FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities or municipal securities, even if these investments are purchased at an insured bank.</p><p>The FDIC does not insure safe deposit boxes or their contents. </p><p>The FDIC does not insure U.S. Treasury bills, bonds or notes, but these investments are backed by the full faith and credit of the United States government.[/QUOTE]</p><p><br /></p>
[QUOTE="starbuxinvestor, post: 1682894, member: 39708"][B]What does FDIC deposit insurance cover? [/B] FDIC 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, money market deposit account (MMDA), time deposit such as a certificate of deposit (CD)[FONT=arial][SIZE=2][COLOR=#000000], or an official item issued by a bank (such as a cashier's check or money order).[/COLOR][/SIZE][/FONT] FDIC insurance covers depositors’ accounts at each insured bank, dollar-for-dollar,[U][B] including principal and any accrued interest through the date of the insured bank’s closing[/B][/U], up to the insurance limit. The FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities or municipal securities, even if these investments are purchased at an insured bank. The FDIC does not insure safe deposit boxes or their contents. The FDIC does not insure U.S. Treasury bills, bonds or notes, but these investments are backed by the full faith and credit of the United States government.[/QUOTE]
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