• Skip to main content
  • Skip to primary sidebar

Make Money Make Cents

Making Cents of Your Money

Insurance

FDIC And Your Money

April 13, 2012

Have you ever really listened to a bank commercial on tv or the radio?  At the end you will hear them say that they are a member of the Federal Deposit Insurance Corporation or FDIC.  What does that mean? It means that your funds are ‘backed by the full faith and credit of the United States government.’  That means if the bank folds, your money will be returned to you by the US government. 

I am asked almost daily about FDIC from clients.  They want to make sure that they wont lose a dime of their hard-earned money if anything happens to the bank. …

Filed Under: Banking Tagged With: Bank, FDIC, Insurance

Primary Sidebar

Recent Posts

  • Ways to Pay Your Bills and Debt that You May Have Not Thought of
  • Why Budgeting is Essential for a Prosperous Financial Future
  • Do not get confused with making the decisions
  • What Do The Baby Boomers Need Now?
  • Mistakes You Do Not Want To Make With Life Insurance Policies

Categories

  • Auto Loans
  • Banking
  • Budget
  • Contest
  • Credit
  • Credit and Debit Cards
  • Fraud
  • Goals
  • Home Equity
  • Interest Rates
  • Investments
  • Loans
  • Make Money
  • Mortgage
  • News
  • Personal Finance
  • Property
  • Retirement
  • Saving Money
  • Students
  • Taxes
  • Uncategorized

Copyright© 2023 · Brunch Pro Theme by Shay Bocks