Insurance

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Is $250,000 still the right limit for deposit insurance? The debate is on

limit for deposit insurance in the United States is $250,000 per person, per bank, per ownership category. This means that if a bank fails, Federal Deposit Insurance Corporation (FDIC) will reimburse depositors up to that amount for each type of account they have at that bank. limit was raised from $100,000 to $250,000 temporarily in […]

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