Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (150079)	2/7/2002 11:44:27 PM
From: Joan Osland Graffius	Read Replies (2) of 436258

LLCF, >.If I have 100k in 10 banks I get wiped out but 100K???? Yes, looked into this and my information of FDIC insurance is it will only pay if you have less than $100K left in your accounts. This of course includes all FDIC insured accounts including CD's. The FDIC uses you SS number and can quickly find out the total of all your FDIC insured assets. It is important that one keep funds over $100 in other income producing assets. Joan

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