Increased FDIC Insured Amounts Extends Through 2013
With the challenges in the banking industry, many American’s have wondered if their money is safe in a bank. Initially, there was a bill put into effect that would temporarily increase the FDIC insurance limits on most bank deposits. More recently, President Obama signed a bill that postpones the expiration of the increased FDIC insured limits. Under the new law, $250,000 per depositor will be... Read More