Wednesday, November 26, 2008

FDIC Insurance Covers $100K Per Legal Entity Per Bank

I received the following question after the reader saw my post about FDIC and NCUA deposit insurance:. Jim, I have an FDIC insurance question for you. Bank of America has a 4mo 5.10% high yield cd that I’d like to put my funds in.

www.bargaineering.com/articles/fdic-insurance-covers-100k-per-legal-entity-per-bank.html