Sentences with phrase «insured account at each bank»

The amount of FDIC insurance provided to an account owner is based on the total of (1) the value of an account owner's investment in the FDIC - insured account at each Bank plus (2) the value of other accounts held (if any) at each Bank, as determined by the Banks and by FDIC regulations.
The amount of FDIC insurance provided to an account owner is based on the total of (1) the value of an account owner's investment in the FDIC - insured accounts at each Bank, plus (2) the value of other accounts owned by the account owner (if any) and held at each Bank, as determined by the Banks and by FDIC regulations.
The amount of FDIC insurance provided to an account owner is based on the total of (1) the value of an account owner's investment in the FDIC - insured accounts at each Bank, plus (2) the value of other accounts (if any) owned by the account owner and held at each Bank, as determined by the Banks and FDIC regulations.

Not exact matches

Consider a federally insured deposit account at a bank or credit union.
Open checking and savings accounts at Ally Bank or similar online FDIC insured bBank or similar online FDIC insured bankbank.
The Cash Balance in the Fidelity Cash Management Account is swept to an FDIC - insured interest - bearing account at a PrograAccount is swept to an FDIC - insured interest - bearing account at a Prograaccount at a Program Bank.
The cash balance in the FDIC — insured Deposit Sweep Program is swept to an FDIC — insured interest - bearing account at a Program Bank.
As a rule, the FDIC covers all types of deposit accounts at FDIC - insured banks.
It does not cover any investment losses, even if the investment account is at an FDIC - insured bank.
Unlike bank accounts or accounts at some other financial institutions, CTK are uninsured unless you specifically obtain private insurance to insure them.
If you open a money market account at a bank, online bank, or credit union that is insured by the FDIC or the NCUA, you will find that your money is protected, up to $ 250,000.
At least money in an FDIC - insured bank account will be accessible to you even if the the bank is destroyed.
Assuming you don't need to spread out your funds to be fully FDIC insured, it would be easier to track only having one or two accounts and you might be entitled to betters rates depending on the amount of money in the account (dilluting your savings among several might put you in a lower tier in terms of rate or other benefits at the bank).
The accounts are custodial accounts held in the end user name at major banks and are FDIC insured.
In fact, the Federal Deposit Insurance Corporation insures accounts for up to $ 250,000 at reputable banks.
For example, if you have a savings account with TIAA Direct or EverBank (divisions of the same bank — TIAA, FSB) and a Certificate of Deposit at another bank, your savings account and CD at each are insured separately for at least $ 250,000.
Qapital actually holds your funds in a FDIC insured account at Wells Fargo Bank.
When you join the Insured Bank Deposit Sweep Program, deposits are made on your behalf into interest - bearing accounts at one or more FDIC - insured banks within the pInsured Bank Deposit Sweep Program, deposits are made on your behalf into interest - bearing accounts at one or more FDIC - insured banks within the pinsured banks within the program.
If a surety account is established, the account shall be established and maintained at a federally insured bank or savings and loan association located in this state and notification of the depository, the trustee, and the account number shall be filed with the Secretary of State.
In other words, if you have multiple accounts at the same bank, each is not insured separately.
This money is insured by the FDIC on a pass - through basis to each account owner at each Bank up to the maximum amount set by federal law, which is $ 250,000.
Additionally, checks are usually not provided with savings accounts and the money that you place in a savings account at a bank, credit union or broker are insured.
The Cash Balance in the Fidelity Cash Management Account is swept to an FDIC - insured interest - bearing account at a PrograAccount is swept to an FDIC - insured interest - bearing account at a Prograaccount at a Program Bank.
Yes, the cash balance in the Fidelity ® Cash Management Account is swept into an FDIC - insured interest - bearing account at one or more programAccount is swept into an FDIC - insured interest - bearing account at one or more programaccount at one or more program banks.
A depositor can have more than $ 250,000 at one insured bank or savings association and still be fully insured, provided the accounts meet certain requirements.
If you and your family have $ 250,000 or less in all of your deposit accounts at the same insured bank or savings association, you do not need to worry about your insurance coverage — your deposits are fully insured.
Charge a buyer or receive from a buyer money or other valuable consideration before completing performance of all services the credit services organization has agreed to perform for the buyer, unless the credit services organization has obtained a bond in accordance with section 538A.4 or established and maintained a surety account at a federally insured bank or savings and loan association located in this state in the amount required by section 538A.4, subsection 5.
Similar to deposit insurance coverage offered by the FDIC for banks, the NCUA operates the National Credit Union Share Insurance Fund (NCUSIF) to protect accounts at federally insured credit unions.
For example, if you have a checking account and a CD at the same insured bank, and both accounts are in your name only, the two accounts are added together and the total is insured up to $ 250,000.
(1) Charge or receive any money or other valuable consideration prior to full and complete performance of the services the credit service organization has agreed to perform for the buyer, unless the credit service organization has obtained a surety bond of $ 10,000 issued by a surety company admitted to do business in this state and has established a trust account at a federally insured bank or savings and loan association located in this state; however, where a credit service organization has obtained a surety bond and established a trust account as provided herein, the credit service organization may charge or receive money or other valuable consideration prior to full and complete performance of the services it has agreed to perform for the buyer but shall deposit all money or other valuable consideration received in its trust account until the full and complete performance of the services it has agreed to perform for the buyer;
If you and your family have $ 250,000 or less in all of your deposit accounts at the same insured bank, you do not need to worry about your insurance coverage — your deposits are fully insured.
If a couple has a joint checking account and a joint savings account at the same insured bank, each co-owner's shares of the two accounts are added together and insured up to $ 250,000, providing up to $ 500,000 in coverage for the couple's joint accounts.
If you choose to open a joint account at the bank, you and the account co-owner will each be insured up to the limit of $ 250,000.
If both owners have equal rights to withdraw money from a joint account, each person's shares of all joint accounts at the same insured bank are added together and the total is insured up to $ 250,000.
All deposit accounts through BofI Federal Bank brands are not separately insured by FDIC from other deposit accounts held with the same ownership and / or vesting at BofI Federal Bank.
All of your single accounts at the same insured bank are added together and the total is insured up to $ 250,000.
This account is FDIC insured, and EverBank promises that their money market account yield will be in the top 5 % of competitive accounts at leading banks nationwide.
Your funds will not be insured by the FDIC until we deposit them into the account we maintain at the FDIC - insured bank.
The FDIC - Insured investment option, and the FDIC - insured accounts, are held in trust by my529 at Sallie Mae Bank and U.S. Bank (collectively Insured investment option, and the FDIC - insured accounts, are held in trust by my529 at Sallie Mae Bank and U.S. Bank (collectively insured accounts, are held in trust by my529 at Sallie Mae Bank and U.S. Bank (collectively Banks).
The FDIC insures all deposits at insured banks, including checking, NOW and savings accounts, money market deposit accounts, and certificates of deposit (CDs), up to the insurance limit.
The Plan's Portfolio invest in either (i) Exchange Traded Funds and mutual funds offered or managed by SSGA or its affiliates; or (ii) a Federal Deposit Insurance Corporation (FDIC)- insured omnibus savings account held in trust by the Board at Sallie Mae Bank.
A depositor can have more than $ 250,000 at one insured bank and still be fully insured, provided the accounts meet certain requirements.
1 The balance in the SoFi Money account is swept to an FDIC - insured account at one or more Program Banks where it earns a variable rate of interest.
FDIC insurance only covers deposit accounts at insured banks.
Unlike a money market deposit account at a bank, money market funds have traditionally not been federally insured.
Deposits at banks and CDs are generally insured by the FDIC on principal and accrued interest up to $ 250,000 per individual depositor and up to $ 250,000 per owner of joint accounts.
FDIC insurance covers all types of deposit accounts at insured banks and savings associations, including checking and savings accounts, money market deposit accounts, and certificates of deposit (CDs), up to the insurance limit.
If you want your funds insured by the FDIC, simply make sure you are placing your funds in a deposit account at an FDIC - insured bank and that your deposit does not exceed the insurance limit for that ownership category.
Online tool that helps how the insurance rules and limits apply to a depositor's specific group of deposit accounts — what's insured and what portion (if any) exceeds coverage limits at that bank.
As referenced in the FDIC - Insured Deposit Sweep Disclosure Document for the Fidelity Cash Management Account, customers are responsible for monitoring their total assets at the Program Bank to determine the extent of available FDIC insurance.
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