Backed By the FDIC?15 September 2008Concern over the stability of banks has given renewed interest in FDIC insurance and what it means. The FDIC guarantees deposits up to $100,000 per person, for each bank. So if you have $100,000 in Washington Mutual and $100,000 in Chase, each would be fully insured. For a full FAQ please visit the FDIC Website.
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