Comments on: High Interest Savings Accounts – A Safe Way to Care for Your Money http://www.accumulatingmoney.com/high-interest-savings-accounts-a-safe-way-to-care-for-your-money/ Because wealth is better than poverty, if only for financial reasons. Tue, 07 Sep 2010 17:06:02 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Chris http://www.accumulatingmoney.com/high-interest-savings-accounts-a-safe-way-to-care-for-your-money/comment-page-1/#comment-44996 Chris Mon, 17 Nov 2008 20:11:35 +0000 http://www.accumulatingmoney.com/?p=439#comment-44996 My main concern with the recent bank crisis has been security of my money in high interest online savings accounts. I recently found this that I was unaware of. FDIC now insures up to $250,000 per depositor. Keep in mind that individual and joint accounts are insured separately, so if you have both types of accounts with us, your total deposits can be insured up to $500,000; that’s up to $250,000 in all your individual accounts and up to an additional $250,000 in your joint accounts. source: venturebankdirect.com/faqs.php My main concern with the recent bank crisis has been security of my money in high interest online savings accounts. I recently found this that I was unaware of.

FDIC now insures up to $250,000 per depositor. Keep in mind that individual and joint accounts are insured separately, so if you have both types of accounts with us, your total deposits can be insured up to $500,000; that’s up to $250,000 in all your individual accounts and up to an additional $250,000 in your joint accounts.

source: venturebankdirect.com/faqs.php

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