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Deposits ate FDIC insured up to 250k per depositor per bank. Companies with > $250k in the bank need to take the risk that they really can lose that money into
by ncallaway 4y ago
Deposits ate FDIC insured up to 250k per depositor per bank. Companies with > $250k in the bank need to take the risk that they really can lose that money into account.
- rosywoozlechan 4y agoPer bank and per account with different ownership categories, so if a company had multiple accounts in different ownership categories those would each be insured up to $250,000
- zamnos 4y agoWhy would a company have different ownership categories for their accounts? Wouldn't all of their accounts be wholly owned by the company and no one else?