Don’t worry, the FDIC has you covered

The Federal Deposit Insurance Corp. wants you to know that your money is safe. Despite the 123 banks that have failed so far in 2009 (that's as of Nov. 13), it's the FDIC's job to keep your deposits of up to $250,000 unharmed, even if the bank that houses that cash goes out of business. According to ...

Leave a Reply

Your email address will not be published. Required fields are marked *