In cases of bank insolvency, althought the return of principal by the FDIC is usually quite prompt, in some cases it can be a lengthly process. (fisn.com)
Like with all EverBank CDs, you can expect FDIC insurance for bank insolvency although you can experience a loss if the underlying currencies of your CD lose ground against the dollar (but you'll receive gains if their value goes up). (thedigeratilife.com)
But with bank insolvencies rising (especially in Europe) and a US debt level closing in on $ 20 trillion, does it make sense to bet everything you've ever worked for on hope and optimism? (sovereignman.com)