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Ah! I had no idea FDIC didn't cover robbery. Thanks for clarifying!
by xeromal 4y ago
Ah! I had no idea FDIC didn't cover robbery. Thanks for clarifying!
- selecsosi 4y agoThey will cover the depositor's funds up to the 250k limit in the event of an event where the bank cannot return your funds, but banks assets or property is not covered under FDIC and need to be separately insured.