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That's actually not true [1] - the FDIC has continued the practice of covering balances over the insured limit despite not being required to. [1] https://www.a
by jmalicki 4y ago
That's actually not true [1] - the FDIC has continued the practice of covering balances over the insured limit despite not being required to.
[1] https://www.americanbanker.com/opinion/will-fdic-keep-protecting-failed-banks-uninsured-deposits https://www.americanbanker.com/opinion/will-fdic-keep-protec...
- shkkmo 4y agoInteresting, glad they're doing that but ok probably best not to count on that policy if you don't have to.