Group: alt.social-security-disability
From: "Six String Stu"
Date: Monday, August 27, 2007 11:13 AM
Subject: Re: If your bank fails, how do you transfer your direct deposit to another bank, and collect your balance?


"Freddie" wrote in message
news:46d2f436$0$16467$4c368faf@ ...
> What Is the FDIC?
> The FDIC - short for the Federal Deposit Insurance Corporation - is an
> independent agency of the United States government. The FDIC protects you
> against the loss of your deposits if an FDIC-insured bank or savings
> association fails. FDIC insurance is backed by the full faith and credit
> of the United States government. The term "insured bank" is used in this
> brochure to mean any bank or savings association with FDIC insurance.
>
> To check whether your bank or savings association is insured by FDIC, call
> toll-free 1-877-275-3342, use "Bank Find" at
> /deposit/ , or look for the official FDIC sign where
> deposits are received.
>
> "Cymbal Man Freq." wrote in
> message news:46d2e061$0$18833$4c368faf@ ...
>> ?
>>
>>
>
>
lol not that it matters with us but FDIC will only insure the first one
hundred thousand dollars.