Greater FDIC Coverage Extended Through 2013 (up to $250,000)

Greater FDIC Coverage Extended Through 2013

- but Watch Out for 5 Gotchas
 

Last year,  during the 2008 financial crisis, the FDIC insurance coverage limits were hastily raised from $100,000 to $250,000 per depositor.  At the time, those higher FDIC limits were intended to be temporary, just through December 31, 2009.  The good news for consumers and small business owners alike is, the $250,000 FDIC insurance coverage has been extended through December 31, 2013.

 

(full article)