muttmeister
Well-Known Member
On one of the economic discussions we've had in the last few days I think somebody posted that savings accounts are covered by FDIC insurance but that checking accounts are not. I know that is not what I was told by my bank so I did a little checking. On all of the sources I've read, including the FDIC's own website, they all say that checking accounts are covered - as long as your bank is FDIC insured and you aren't over the $100,000 limit (like I have to worry about that).
Maybe I misunderstood what was said but I thought that might reassure some of you.
Maybe I misunderstood what was said but I thought that might reassure some of you.