FDIC Misconceptions: A Top 10 List

Armen Hareyan's picture
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FDIC Insurance

To help depositors avoid repeating the mistakes of others, FDIC Consumer News has compiled this "Top 10" list of misconceptions that some people have about FDIC insurance. This list is based on discussions with FDIC deposit insurance specialists, including representatives at our toll-free Call Center, which handles hundreds of calls a month from consumers asking about their deposit insurance.

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The most a consumer can have insured is $100,000.

Too many people assume

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