Your Guide to FDIC Deposit Insurance
Автор: WNB Financial
Загружено: 2023-05-09
Просмотров: 317
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Your guide to FDIC deposit insurance.
FDIC deposit insurance gives you the peace of mind that your deposits are insured with the full backing of the United States government.
WNB Financial Private Banking Officer Michael Garves explains the basics of FDIC coverage, how to increase coverage with the CDARS program, and utilizing different ownership classes.
WNB Financial Treasury Management Advisor Ben Knuesel discusses how to increase FDIC coverage by utilizing Insured Cash Sweep (ICS) accounts.
00:00 - Intro
00:10 - Basics of FDIC Insurance
00:37 - Does my Bank have FDIC Insurance?
00:58 - How to Open an Insured Account
01:25 - When to Seek More Coverage
01:43 - How to Get More Coverage
02:03 - CDARS Program
02:24 - FDIC Ownership Classes
03:17 - ICS Accounts
03:30 - When to Consider an ICS Account
03:45 - Basics of an ICS Account
04:25 - CDARS vs. ICS Accounts
Member FDIC.
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