If I have CDs with joint name along with my name, still the limit for FDIC is just 100k or it is going to be 200K. I heard this is per person, so in joint holdings this is going to be automatically 200K limit, am I correct?
Second concern, how sure countrywide bank already hit the worst situation that we need to draw our excess funds? you can comment in 1 – 10 scale.
If we withdraw CDs how much penalties we supposed to pay? any formula?
