Talk of The Villages Florida
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Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   FDIC and Beneficiaries (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/fdic-beneficiaries-339876/)

joelfmi 03-17-2023 11:05 AM
You must call the bank to find out if cover beneficiary first each bank is different
 
Quote:
Originally Posted by Bill14564 (Post 2198473)
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

Karmanng 03-17-2023 11:13 AM
NOOOO never heard of such a thing

Bill14564 03-17-2023 11:50 AM
Quote:
Originally Posted by joelfmi (Post 2198755)
call the bank you have money if they cover beneficiary for insurance first. some banks do and some don't
The question was FDIC coverage. That does NOT vary from one bank to another. See the link to the FDIC fact sheet posted early in the thread.


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