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> Anything beyond the $250K per account would be money that they are not entitled to per US banking regulation. It's my understanding that FDIC considers $250
by madamelic 4y ago
> Anything beyond the $250K per account would be money that they are not entitled to per US banking regulation.
It's my understanding that FDIC considers $250k the minimum they'll cover and they can (and have) cover(ed) higher through raised premiums to other banks.