does fdic insure interest on cd's ?

does fdic insure interest on cd's ?
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yes
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Related questions

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.

What's your view on CDs and interest rates given that (supposedly) inflation is about to pick up?

Description : What's your view on CDs and interest rates given that (supposedly) inflation is about to pick up?

Last Answer : I'd go with the one year. I have a .9% interest rate with a CD that has about 6 months left, and I can actually add money to it at any time, but I can not withdraw it once it is in ... in the next 6 months interest rates will start to rise. Complete guess, I obviously do not have a crystal ball.

When Compared to basic savings accounts CDs are liquid and have interest rates?

Description : When Compared to basic savings accounts CDs are liquid and have interest rates?

Last Answer : more; lower

What's the highest interest rates that the online financial institutions paying for 2 year CDs?

Description : What's the highest interest rates that the online financial institutions paying for 2 year CDs?

Last Answer : The higest rates can be between 1.5%-3% APR. The APR is different for each financial institution.

What are local banks interest rates on CD's?

Description : What are local banks interest rates on CD's?

Last Answer : It just depends on what bank you're dealing with and where you're located. Since a particular city hasn't been specified I would suggest that you talk to someone online about interest rates or you can contact someone at a local bank.

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

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

Last Answer : Well, if you are doing online banking and stuff having a savings account online and a checking account that isn't online or that's at a different bank can help save money because online banks have ... ? this site says that they have 4 accounts because of how much they save and for security reasons.

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

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

Last Answer : answer:Lend me $250,000 and I’ll get back to you on that one. :D It looks like is $250,000 now, at least until 2013? Several sources say it’s permanent though.” Check Please. :D

Where does FDIC insurance money come from?

Description : Where does FDIC insurance money come from?

Last Answer : It is called the Deposit Insurance Fund. It is about 1% (actual cash on hand) of what could actually be paid out.

ING has FDIC insurance, but is that worth anything in Australia?

Description : ING has FDIC insurance, but is that worth anything in Australia?

Last Answer : answer:See this link #4.

How does FDIC cover all accounts at one institution?

Description : How does FDIC cover all accounts at one institution?

Last Answer : Feel Free to Answer

How much of my bank deposits are FDIC insured?

Description : How much of my bank deposits are FDIC insured?

Last Answer : The limit for one person, one account is $250,000. In 2014, that number will reduce to $100,000.

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

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.

Are iberiabank cd;s FDIC insured?

Description : Are iberiabank cd;s FDIC insured?

Last Answer : Yes, Iberiabanks' cd s are 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?

Description : 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?

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?

Description : Is Sovereign bank FDIC insured and for how much?

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

Is Alma Bank an FDIC insured bank ?

Description : Is Alma Bank an FDIC insured bank ?

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

is bank of america fdic insured?

Description : is bank of america fdic insured?

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.

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

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

Last Answer : the insurance has been increased to $250,000 till December

Is EECU Credit union in Ft. worth FDIC insured?

Description : Is EECU Credit union in Ft. worth FDIC insured?

Last Answer : It appears that the answer is...no. Their website lists the logo of the "National Credit Union Administration, a U.S. Government Agency", and claims "Member accounts are federally insured to at least ... . EECU may have some other form of insurance, but it does not seem to have FDIC coverage.

how safe is the fdic?

Description : how safe is the fdic?

Last Answer : Most Americans are familiar with FDIC-insured banks,the Federal Deposit Insurance Corporation is a U.S. government corporation which guarantees the safety of most account types in banks that are members, ... your money if it gets stolen from the bank the bank's private insurance should cover that

Is ING Direct an FDIC insured bank ?

Description : Is ING Direct an FDIC insured bank ?

Last Answer : Yes, ING Direct is an FDIC insured Bank. This means that deposits are insured up to $250,000, as are singly held accounts. Joint accounts which are 50/50 ownership are insured up to $250,000 ... ,000 for the account. ING Direct is registered with the FDIC in Wilmington, Delaware, under number 35489.

Is WoodForest National Bank a FDIC Covered Bank.?

Description : Is WoodForest National Bank a FDIC Covered Bank.?

Last Answer : yes WoodForest National Bank a FDIC Covered Bank.

Is Flagstar bank FDIC insured?

Description : Is Flagstar bank FDIC insured?

Last Answer : Flagstar bank is a member of the FDIC and deposits are FDIC insured up to $250000 per account.

Is SunTrust Bank in Tampa a FDIC bank. And what is the maximum insured amount?

Description : Is SunTrust Bank in Tampa a FDIC bank. And what is the maximum insured amount?

Last Answer : If you have under $100,000 in all combined accounts at one particular FDIC-insured bank, you are covered.

Are all my accounts covered by fdic?

Description : Are all my accounts covered by fdic?

Last Answer : All deposits in banks and savings and loans are insured up to $250,000 in combination. It would depend on your total dollars deposited in a particular bank.

is sterling bank fdic insured?

Description : is sterling bank fdic insured?

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

Best FDIC insured CD rates for 6 to 13 months?

Description : Best FDIC insured CD rates for 6 to 13 months?

Last Answer : www.selectcdrates.com/ is a great place to look for that infomration and have it be up to date

What are the best bank CD rates short term in my area. Vero Beach, Florida. FDIC insured?

Description : What are the best bank CD rates short term in my area. Vero Beach, Florida. FDIC insured?

Last Answer : In Vero Beach, Florida, you can currently get CD rates all the way up to 3.25%. Most short term CDs are closer to 2%, however.

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

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

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.

Where can I get a list of FDIC banks?

Description : Where can I get a list of FDIC banks?

Last Answer : http://www2.fdic.gov/IDASP/ Click on find Offices and from there you can either search for a bank nearest you or download a list of all FDIC affiliated banks. Please note that you will need ... program in order to read the downloaded list. A free substitute for MS Office would be OpenOffice.org

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

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

Last Answer : None of the investments in 401k are FDIC insured

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

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

Last Answer : If you withdraw from your 401k it might come with a penalty. It might be wise to leave your money in and ride the wave back up when the market rebounds. So is there any way to not be penalized to withdraw from 401k with out a medical reason?

What does FDIC stand for in the new deals program?

Description : What does FDIC stand for in the new deals program?

Last Answer : The FDIC was esablished as part of the Banking Act of 1933 under Franklin D. Roosevelt's New Deal. FDIC is an abbreviation for Federal Deposit Insurance Corporation.

4. Which of the following is true about the Federal Reserve System (Fed)? a. it is a system of 12 central banks b. its Board of Governors is elected by a vote of the people c. its main policy-making body is the FDIC d. it accepts deposits from the public and makes loans to businesses e. all of the above

Description : 4. Which of the following is true about the Federal Reserve System (Fed)? a. it is a system of 12 central banks b. its Board of Governors is elected by a vote of the people c. its main policy- ... is the FDIC d. it accepts deposits from the public and makes loans to businesses e. all of the above

Last Answer : a. it is a system of 12 central banks

What are your thoughts about the delay announced yesterday regarding ObamaCare to not impose a penalty until 2015 on businesses that don't insure?

Description : What are your thoughts about the delay announced yesterday regarding ObamaCare to not impose a penalty until 2015 on businesses that don't insure?

Last Answer : answer:Typical, business gets the breaks. And, only businesses with over 50 employees I believe. Maybe this is the first step in a single-payer universal health care plan. Not sure how but I can hope can’t I?

How do you think the devastation from Sandy will affect our willingness to insure shore homes?

Description : How do you think the devastation from Sandy will affect our willingness to insure shore homes?

Last Answer : answer:Should we encourage people to rebuild in places where storms can come along like this and wipe them all out? Like New Orleans?

How can I insure my belongings for an out-of-state move when I don't know my new permanent address?

Description : How can I insure my belongings for an out-of-state move when I don't know my new permanent address?

Last Answer : Nationwide is on your side. Give them a call and see what they have to offer.

What would you insure on yourself?

Description : What would you insure on yourself?

Last Answer : My arse .I’d be lost without it.

Do you do everything you can to insure a healthy senior life?

Description : Do you do everything you can to insure a healthy senior life?

Last Answer : I’ll be surprised if I live to 40. I really do need to take care of my health better than I do. In particular I need to learn a lot more about proper nutrition. My bloodwork often comes back that I am malnourished, deficient, anemic. It’s awful.

I read on a discussion board of some company that would insure an iPhone. Anyone know about that?

Description : I read on a discussion board of some company that would insure an iPhone. Anyone know about that?

Last Answer : answer:Most insurance companies will provide a separate insurance policy for "high value items" -- I, for instance, have quite a bit of photography gear, which is insured separately from my renter's insurance ... catch is that they will drop you if you make too many claims, but it's cheap insurance)

I am in Atlanta; I want to insure my apartment. Is there any website that makes it easy to find, that simplifies the process?

Description : I am in Atlanta; I want to insure my apartment. Is there any website that makes it easy to find, that simplifies the process?

Last Answer : Here is a site that really helps!

How do you insure a vintage vehicle that's not in Blue Book?

Description : How do you insure a vintage vehicle that's not in Blue Book?

Last Answer : I thought all vehicles that were built over .. oooh a CB, all vehicles that were built before a certain date could have a vintage tag?

What is the difference between "ensure" and "insure"?

Description : What is the difference between "ensure" and "insure"?

Last Answer : answer:http://intopr.prblogs.org/2006/11/03/weekly-grammaticalness-insure-vs-ensure/ http://www.accu-assist.com/grammar-tips-archive/GrammarTip_homophone-potpourri-3.htm

Which part of his body did Charlie Chaplin insure?

Description : Which part of his body did Charlie Chaplin insure?

Last Answer : Feet

Insure domestic tranquility means?

Description : Insure domestic tranquility means?

Last Answer : Insuring domestic tranquility simply means keeping peace withinthe country. Mainly to prevent things like the Civil War fromhappening. It was the founding fathers way of saying they weredevoted to many things, including keeping hostile feelings out ofthe country (among their own people anyway).

Will they receive death compensation from the insurance company ? The government of our country forces us to insure cars. The car owner does not benefit from this. If the car hits someone , causing the person to be injured or killed, the family of the deceased files a lawsuit against the insurance c

Description : Will they receive death compensation from the insurance company ? The government of our country forces us to insure cars. The car owner does not benefit from this. If the car hits someone , causing the ... of the deceased forgives the owner of the car and our country is governed by man-made laws.

Last Answer : Alhamdulillah. One: Trade insurance is included in the haram agreement. All the methods of this insurance are haram. It is not permissible for anyone to have such insurance ; Unless one is completely ... atonement for the accidental death ; if the accident happened by mistake. " GOD is Omniscient.

Is it possible to insure a greenhouse?

Description : Do you think the insurance company will insure it? Against natural disasters.

Last Answer : Yes insures. This is usually included as additional home insurance, but may not be.

Is it possible to insure a house against the wind?

Description : When my roof flies away, because the wind will be terrible. Is there insurance for that? Or is it not insured?

Last Answer : "Wind" insurance is usually included in the house (real estate) insurance. But the performance and exact conditions vary from insurance company to insurance - check with your current insurance company.

How to insure I have proper attic ventilation?

Description : How to insure I have proper attic ventilation?

Last Answer : Calculate attic square footage, calculate how much free area you need by dividing the attic square footage by 300. Convert the square feet needed to inches. Split the amount of free area needed equally between the intake and the exhaust. Divide that by 60, for how many vents you'll need.

What is needed to insure optimal engine performance?

Description : What is needed to insure optimal engine performance?

Last Answer : Proper engine maintanace is the only thing that will insure optimal engine performance. Doing some simple things like using a higher octane fuel,and installing high quality air filter will also help your performance.