Are corporate deposits covered by the FDIC?

Answer According to Mary Sullivan, a business consultant specializing in helping start-up businesses, the Federal Deposit Insurance Corporation, or FDIC, will insure corporate deposits up to $100,000 for ... Read More »

Top Q&A For: Are corporate deposits covered by the FDIC

Is AIG covered by the FDIC?

AIG (American Insurance Group) is covered by the FDIC (Federal Deposit Insurance Corporation) for funds in deposit accounts, including checking and savings accounts, certificates of deposit (CDs) a... Read More »

Are Annuities Covered by the FDIC?

The U.S. Banking Act of 1933 established the Federal Deposit Insurance Corp. (FDIC) in response to the bank failures leading up to The Great Depression. The law, among other reforms, provides a saf... Read More »

How much FDIC is on a corporate checking account?

Through Dec. 31, 2013, corporate checking accounts carry $250,000 of Federal Deposit Insurance Corporation (FDIC) insurance at each financial institution where the business holds accounts, accordin... Read More »

Are bank IRAs covered under the FDIC?

On One Hand: Only Covered Account TypesIf you keep money in your IRA in FDIC insured account types, your money will be protected. Protected account types include savings accounts, certificates of d... Read More »