Dabbul freeze chestaranta kada bank lo unte .. facts check

[toranam]

Same last resession time lo money got freezed anta ....bank lo unnavanni ...

how much is truth behind it ?

[kothavani]

3 minutes ago, toranam said:

Same last resession time lo money got freezed anta ....bank lo unnavanni ...

how much is truth behind it ?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Skip

 

 

Nqa degara emii levu

[Patient31Covid19]

antey how ?? is it better to send india ??

[CH_Desi]

Upto $250K of the money per bank account is insured by FDIC. Beyond that worst possible scenario lo galike.

[Original Profile]

Ilantivi kuda vunnaya? Ekkada Safe ledu ga

[kakatiya]

small local banks.. make sure you save in large reputed banks

[Vaampire]

big banks safe. BofA, Chase, Wells Fargo , citi

[Pitta]

[Ellen]

[BeautyQueen]

1 hour ago, Pitta said:

 

5 minutes ago, Ellen said:

😂

[i_sudigadu]

WHEN A BANK FAILS

A bank failure is the closing of a bank by a federal or state banking regulatory agency, generally resulting from a bank's inability to meet its obligations to depositors and others. In the unlikely event of a bank failure, the FDIC acts quickly to ensure depositors get prompt access to their insured deposits.

FDIC deposit insurance covers the balance of each depositor's account, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest through the date of the insured bank's closing.

The FDIC acts in two capacities following a bank failure:

1. As the "Insurer" of the bank's deposits, the FDIC pays deposit insurance to the depositors up to the insurance limit.
2. As the "Receiver" of the failed bank, the FDIC assumes the task of collecting and selling the assets of the failed bank and settling its debts, including claims for deposits in excess of the insured limit.

FDIC Deposit Insurance Coverage Limits by Account Ownership Category
Single Accounts (Owned by One Person)	$250,000 per owner
Joint Accounts (Owned by Two or More Persons)	$250,000 per co-owner
Certain Retirement Accounts (Includes IRAs)	$250,000 per owner
Revocable Trust Accounts	$250,000 per owner per unique beneficiary
Corporation, Partnership and Unincorporated Association Accounts	$250,000 per corporation, partnership or unincorporated association
Irrevocable Trust Accounts	$250,000 for the noncontingent interest of each unique beneficiary
Employee Benefit Plan Accounts	$250,000 for the noncontingent interest of each plan participant
Government Accounts	$250,000 per official custodian (more coverage available subject to specific conditions)

[i_sudigadu]

FDIC Deposit Insurance

Since 1933, the FDIC seal has symbolized the safety and security of our nation's financial institutions. FDIC deposit insurance enables consumers to confidently place their money at thousands of FDIC insured banks across the country, and is backed by the full faith and credit of the United States government.

FDIC deposit insurance coverage depends on two things: (1) whether your chosen financial product is a deposit product; and (2) whether your bank is FDIC-insured.

The FDIC covers

• Checking accounts
• Negotiable Order of Withdrawal (NOW) accounts
• Savings accounts
• Money Market Deposit Accounts (MMDAs)
• Time deposits such as certificates of deposit (CDs)
• Cashier's checks, money orders, and other official items issued by a bank

The FDIC does not cover

• Stock investments
• Bond investments
• Mutual funds
• Life insurance policies
• Annuities
• Municipal securities
• Safe deposit boxes or their contents
• U.S. Treasury bills, bonds or notes

[Anta Assamey]

[Spartan]

India anukunnara idi.

[m0nster]

Ela kud vuntundha? navi oka $15 Discover saving and $15K DCU Savings lo vunnay risk antara?