My credit union tells me my money there is insured for more than
$100,000, by FDIC. They say EACH cd is separately insured for
$100,000. Supposing I have 4 cd's, I am insured for a possible
total of $400,000.
I noticed that each cd I have has it's own account number.
This is all I found in writing so far, from their online site :
"Your savings Federally insured to at least $100,000 and backed by
the full faith and credit of the United States Government. National
Credit Union Administration, a US Government Agency. "
Sound right ??
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