is sterling bank fdic insured?

is sterling bank fdic insured?
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1 Answer

Answer :

Yes, Sterling Bank is FDIC insured. All non-interest amounts in your account will be guaranteed by the FDIC.
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Related questions

How much of my bank deposits are FDIC insured?

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Description : What is the maximum bank CD amount that is FDIC insured?

Last Answer : The maximum FDIC insured amount TOTAL for any individual is $250,000, so you have to consider all of your bank savings and bank CDs. Remember that stocks are not covered and other investments are not necessarily FDIC insured.

If you have money in a FDIC insured account and the bank goes under. How long does it take for you to get your money back?

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Last Answer : Most banks are fincially backed and your money is insured up to 250,000. Even if the bank went under the FDIC will right you a check as soon as the paper work is processed.

Is Sovereign bank FDIC insured and for how much?

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Last Answer : Yes, their bank is FDIC insured for up to 100,000.

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Last Answer : Yes, Alma Bank is an FDIC insured bank. A quick check of their web page reveals this.

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Last Answer : Yes it is. The limit was $100,000 but it was temporarily raised till December 31, 2013 to the ammount of $250,000. Seperate from that, all IRAs are also insured up to $250,000 per owner.

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Description : What is the limit for fdic insured certificates of deposit in Omaha, NE?

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Is EECU Credit union in Ft. worth FDIC insured?

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Is First Ohio Banc & Lending insured by FDIC and a safe banc for mortgage loans?

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Last Answer : Firs they are just a mortgage company, not so much a typical bank. They do not have any deposit accounts therefor do not need to be FDIC insured since you have no money to lose. As for if its ... follow all the safe lending laws, but if you are really worried i would go with a more reputable bank.

401k rollover 20 yr old fdic insured. best rate ?

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Is it adviseable to move my current 401K to an FDIC insured institution?

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Description : Other than FDIC limits, is there any reason to use more than one bank?

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Banks in the US, active with the FDIC, only insure $100,000. So if a person has, for example, 10 million dollars and wants to deposit the money in a bank, does he have to look for 100 banks or is there another way to invest that is as low risk as a savings account?

Description : Banks in the US, active with the FDIC, only insure $100,000. So if a person has, for example, 10 million dollars and wants to deposit the money in a bank, does he have to look for 100 banks or is there another way to invest that is as low risk as a savings account?

Last Answer : A person with 10 million dollars probably has a diversified investment portfolio with a variety of risk levels and return levels. As a result, his insurance is that not everything will collapse at the ... 10% above inflation, banks are a very poor choice for someone with lots of money to invest.

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I heard that the FDIC last year has raised the insurable limit on deposits from $100,000 to $250,000 is it true?

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