anyone hear any talk about making the $250k FDIC limit permanent, or otherwise increasing from the original $100k after the temporary $250k limit expires?
- posted
15 years ago
FDIC limit
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- posted
15 years ago
I've heard nothing about a permanent 250k insurance rate...
I've talked to several customer service rates at different banks and they don't know anything about an extension of the level.... Neither have I found a bank that will allow one to cash in the CD if the insurance rate reverts back to 100K.
Lots of stuff up in the air..... Unless the 250K rate is legislated into permanency, I wouldn't consider going over 100K on any separate account. Just my opinion.
Andy in Eureka, Texas
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- posted
15 years ago
Note that the $250k insurance *is* already permanent on IRA accounts
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