Monthly Archives: May 2013

Bank Deposits Guaranteed Up to $250,000 – Maybe

Congress created the Federal Deposit Insurance Corporation (FDIC) in 1933 to ensure taxpayers were not on the hook for losses to depositors.  Today, FDIC stickers in every bank in America proclaim “Each depositor is insured to at least $250,000.”  Is … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment