Might want to check out "FDIC" topic on this forum, March 12, 2008
http://groups.google.com/group/misc.invest.financial-plan/browse_frm/thread/10b6e7307a512e82/59d08b77f3723550?hl=en#59d08b77f3723550
Unless there's some overriding credit union regulation, I believe the
topic above concluded that if you have CD's in your account that are
issued by unrelated banks, each CD is insured to $100,000.
On Mar 29, 1:01 pm, Novea...@[EMAIL PROTECTED]
wrote:
> Thanks. Looks like I will have to open a new account at a different
> bank or credit union, if I want to be insured on over $100,000 in
> stuff like CD's , savings, and checking. Seems like the individual
> credit unions would have found a way to keep customers with more than
> $100,000 staying with them, but I guess not.
>
> And thanks for the link.
>
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