As you may know, the FDIC has raised the deposit insurance from $100,000 to $250,000. The catch is this is a temporary increase set to expire on December 31, 2009. Many banks and credit unions are advertising this increase under a campaign of “Safer than Ever.” While the message is reassuring it’s not correct.
Monthly Archive: November 2008
Permanent link to this article: http://johndschultz.com/safer-than-ever-a-bad-campaign/
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