Tag Archives: federal deposit insurance corporation

Who Insures The FDIC?

Check It Out

Oct 07 - Stacy, You keep educating people on how to check to see if their banks are FDIC-insured but make no mention of how little money and assets the FDIC actually has… They have less than 2% in assets to cover the accounts they are supposedly insuring. 2%. That’s insane. The FDIC isn’t insurance [...]