FDIC deposit insurance

The following is a list of the nationally available highest yields 12-month CD rates. In general, certificates of deposit (CDs) are great investments because your principal is protected by FDIC insurance and your interest rates are guaranteed. Moreover, you can use CD Ladder to make your CD savings more flexible and effective. You can open [...]

The recent trend in bank CD (certificate of deposit) rates has, needless to say, been a negative one. If you were following deposit rates even 1 year ago you would have witnessed a unique time in which banks where offering some of the most lucrative rates in recent history. During the winter – spring of [...]

A while back, I provided a brief introduction to peer to peer lending. I also mentioned that there are risks involved. In general, social lending has different set of risks from that of high yield savings, certificates of deposit, or the stock market. In the simplest sense, the risks involved when investing in person to [...]

What is the FDIC Insurance? The FDIC Insurance, or simply bank insurance, is meant to preserve and promote public confidence in the U.S. financial system by:

Insuring deposits in banks and thrift institutions for at least $250,000;
Identifying, monitoring and addressing risks to the deposit insurance funds; and
Limiting the effect on the economy and the financial system [...]