Who is the FDIC…Really? – 9-22-2009
October 9, 2009 by Bdoga
Everyone breaths a sigh of relief when they walk into their local branch of their bank and see that all to familiar sign. Your funds are insured by the FDIC.
Thank heaven for that big warm safety blanket. Your funds are protected, you have nothing to worry about, or do you? Let’s take a quick look at just who the FDIC is and what it really means when they say that you are insured for up to $250k.
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