In light of recent financial events, it seems this is an appropriate little primer on FDIC coverage of bank deposits.
The truth is, many bank officials (like tellers) are woefully ignorant or misinformed regarding the actual fine points of FDIC insured bank accounts.
If you ask them, you may be in for a terrible shock, should the worst come to pass at your bank!
www.cnbc.com
(visit the link for the full news article)
