Don_Dickle@lemmy.world to

No Stupid Questions@lemmy.world · 7 days ago

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

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

Don_Dickle@lemmy.world to

No Stupid Questions@lemmy.world · 7 days ago

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Em Adespoton@lemmy.ca
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7 days ago
Most people who put more than 250k in a single bank in a single account type won’t be using the bank’s insurance for protection.

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