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Do Your Bank Accounts Qualify for FDIC Coverage?

Posted by Zinner & Co. on Aug 24, 2015 10:00:00 AM

 

In our society, people tend to take the safety of their bank accounts pretty much for granted.  If you think back to the most recent banking crisis in 2008 and 2009, however, there was a significant amount of bank consolidation that could have potentially resulted in depositors losing money.  This leads to the question, exactly what is covered under the Federal Deposit Insurance program and do your bank accounts qualify for FDIC coverage?

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Topics: financial planning, banks, FDIC coverage

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