Comment on If a US bank only insures your money up to 250k does that mean I have to visit four different back to have a million dollars insured?

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radix@lemmy.world ⁨1⁩ ⁨week⁩ ago

Yep. People tend to think of the big 5-10 names that are on every corner, but the FDIC insures over 4,000 banks in the US.

PDF warning: fdic.gov/…/fdic-latest-industry-trends-december-2…

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