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> per institution Some banks are just brands, and use bank license of their mother. In that case both accounts share $250k limit. So be careful that insurance
by t344344 4y ago
> per institution
Some banks are just brands, and use bank license of their mother. In that case both accounts share $250k limit. So be careful that insurance does not overlap.
- O__________O 4y agoTrue, though there are at least 3000 banking institutions that exist that this doesn’t apply to: https://news.ycombinator.com/item?id=35110141 https://news.ycombinator.com/item?id=35110141