View Is A Certificate Of Deposit Fdic Insured Gif. Mortgage credit and collateral are subject to approval and additional terms and conditions apply. Increasingly, banks, along with investment firms, are also offering.
Insurance For Financial Institutions Personal Finance from s3.studylib.net
Cds differ from savings accounts in that the cd has a specific. How do insured certificate of deposit cds work? The fdic is an independent agency of the federal government, created in response to the catastrophic bank failures of the 1920s and '30s.
Knowing your investment is fdic insured up to $250,000 per depositor.
At axos bank, deposits are fdic protected and insured. That's because the fdic insures cds up to the maximum allowed by law. Save with security and flexibility. The fdic provides deposit insurance to consumers so that they can feel confident that their money will be safe when it is deposited in these banks.
