Talk of The Villages Florida - View Single Post - FDIC and Beneficiaries
Thread: FDIC and Beneficiaries
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Old 03-17-2023, 11:05 AM
joelfmi joelfmi is offline
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Default You must call the bank to find out if cover beneficiary first each bank is different
Quote:
Originally Posted by Bill14564 View Post
Not a lawyer but would say no. There is still one account so the insured amount would remain $250,000.
call the bank you have money if they cover beneficiary for insurance first. some banks do and some don't