On Wed, 2 Apr 2008 09:34:49 -0500, nosmo king <nosmo_king58@[EMAIL PROTECTED]
>
wrote:
>On Mar 28, 3:13 pm, Novea...@[EMAIL PROTECTED]
wrote:
>> 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.
>
>CDARS (www.cdars.com) offers FDIC insurance up to $50 million.
This appears to offer an interesting solution where savers are keen on
FDIC. The web site mentions costs, and says that there are costs of
course, but the CD rate quoted is net of costs.
Has anyone used cdars?
-HW "Skip" Weldon
Columbia, SC
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