FDIC Seeks To Raise Deposit Insurance Limits
Tuesday, September 30th, 2008The FDIC (Federal Deposit Insurance Corporation), the organization that protects the money in your bank accounts, is currently seeking to raise the limit on the amount of money that will be protected in the event of a bank failure from $100,000. Shelia Blair, Chairman of the FDIC, did not specify an amount she would like [...]

