FDIC insured account

FDIC insured account,

Definition of FDIC insured account:

  1. An FDIC insured account is a bank or thrift account covered by the Federal Deposit Insurance Corporation (FDIC), an independent federal agency responsible for safeguarding customer deposits in the event of bank failures.

  2. A banking account that is protected against loss due to lender insolvency. The maximum insured amount the Federal Deposit Insurance Corporation (FDIC) will provide is $250,000 for each account in an account holders name. There are requirements that must be fulfilled in order for an account to qualify, such as account structure. For example, checking, savings and money-market accounts qualify for protection under the program, but investment accounts or safe deposit contents do not.

  3. The maximum insurable amount in a qualified account is $250,000 per depositor, per FDIC-insured bank and per ownership category. That means if you have up to that figure in a bank account and the bank fails, the FDIC reimburses any losses you suffered. Any sum that exceeds $250,000 should be spread among multiple FDIC-insured banks.

How to use FDIC insured account in a sentence?

  1. The maximum insurable amount is currently $250,000 per depositor, per bank.
  2. The FDIC is a federally backed deposit insurance agency where member banks pay regular premiums to fund claims.
  3. An FDIC insured account is a bank account at an institution where deposits are federally protected against bank failure or theft.

Meaning of FDIC insured account & FDIC insured account Definition

FDIC Insured Account,

FDIC Insured Account means,

  • An FDIC insured account is a bank or savings account maintained by the Federal Deposit Insurance Corporation (FDIC), an independent federal agency that protects consumer deposits in the event of bank failure. Is responsible for The maximum amount that can be insured on a qualifying account is F 250,000 per Friday, per FDIC Insured Bank, and in each property category.

    • An FDIC insured account is a bank account maintained by an institution where deposits are secured against bank default or theft by depositing governments.
    • FDIC is a federally aided deposit insurance agency in which member banks regularly pay funds for claims.
    • The maximum amount that can be insured is $ 250,000 per bank deposited in each bank.

Literal Meanings of FDIC Insured Account

FDIC:

Meanings of FDIC:
  1. Federal Deposit Insurance Corporation, an organization that insures most private bank deposits.

Insured:

Meanings of Insured:
  1. Insured person or organization.

Sentences of Insured
  1. Compensation if the insured dies

Account:

Meanings of Account:
  1. Look at yourself in a special way.

  2. A record or report of financial income and expenditure relates to a specific period or purpose.

  3. An agreement in which an organization raises funds on behalf of a customer or provides goods or services to a customer on credit.

  4. An agreement that gives a user personal access to a computer, website, or application, usually by entering a username and password.

Sentences of Account
  1. Detailed report obtained

  2. The ledger contains accounts for all income and expenses

  3. He doesn't care about money

Synonyms of Account

moment, consider, note, adjudge, judge, momentousness, rendition, journal, substance, regard as, mark, look on as, explanation, importance, hold to be, deem, count, financial record, financial statement, ledger, communiqué, description, balance sheet, import

FDIC Insured Account,

FDIC Insured Account:

FDIC Insured Account means, An FDIC-insured account is a bank or savings account held by the Federal Deposit Insurance Corporation (FDIC), an independent federal agency responsible for protecting customer deposits in the event of bank failure. Has The maximum amount that can be insured on a qualifying account is $ 250,000 per depositor, per FDIC insured bank, and each contract category.

  • An FDIC-insured account is a bank account of an entity whose deposits are secured by the federal government in the event of bankruptcy or theft.
  • FDIC is a federally funded deposit insurance agency through which member banks pay regular premiums for losses.
  • The maximum amount that can be insured is currently $ 250,000 per depositor per bank.

Literal Meanings of FDIC Insured Account

FDIC:

Meanings of FDIC:
  1. Federal Deposit Insurance Corporation, an organization that insures the majority of private bank deposits in the United States.

Insured:

Meanings of Insured:
  1. Arrange compensation for loss or damage (property), injury or death (one person) in return for regular payments to the company or state.

  2. Catch or protect someone (possible emergency)

  3. Another safe term

Sentences of Insured
  1. Insured vehicle

  2. Table insurance must be 00 2,500.

  3. To appease Celia, he can save himself from other misfortunes.

Account:

Meanings of Account:
  1. Description of an account or an event or experience.

  2. Financial records or income and expenditure reports for a specific period or purpose.

  3. Agreements under which an organization withholds funds from customers or provides goods or services to customers on credit.

  4. Consider in a particular way.

  5. Prepare or submit files for given or received cash accounts.

Sentences of Account
  1. Detailed report on what was achieved

  2. Your visit cannot be considered successful.

  3. For accurate reporting, the trustee should not combine trust assets with other properties.

Synonyms of Account

value, weblog, annal, savings account, rehearsal, archive, recital, review, interpret as, diary, report, current account, register, seriousness, concern, news, impression, gravity, transcript, deposit account, portrayal, significance, blog, minute, weightiness, gauge, story

FDIC Insured Account,

FDIC Insured Account means,

An FDIC Insured Account is a bank or savings account administered by the Federal Deposit Insurance Corporation (FDIC), an independent federal agency responsible for protecting consumer deposits in the event of bank failure. ۔ The maximum amount insured on a qualifying account is $ 250,000 per depositor, per FDIC insured bank, and per contract category.

  • An FDIC insured account is a bank account in an institution whose deposits are protected by the federal government in the event of bank failure or theft.
  • FDIC is a federally assisted deposit insurance agency through which member banks pay regular premiums for losses.
  • The maximum amount that can be insured is currently بینک 250,000 per bank per depositor.

Literal Meanings of FDIC Insured Account

Insured:

Meanings of Insured:
  1. Insured or organization.

  2. Arrange compensation for loss or damage (property), injury or death (one person) in return for regular payment to the company or state.

Sentences of Insured
  1. Compensation in case of death of the insured

  2. To appease Celia, he can save himself from another misfortune.

Account:

Meanings of Account:
  1. Arrangements in which an organization withholds funds from consumers or provides goods or services to consumers on credit.

Sentences of Account
  1. For accurate reporting, the trustee should not combine trust assets with other assets.

Synonyms of Account

book, see as, transaction, reckon, relation, narration, results, bank account, interest, vlog, sitrep, think, delineation, chronicle, interpretation, think of as, take for, tale, view as, prominence, narrative