[quote=UCGal]CAR – interesting. But not really applicable to most people since I would assume most of us have our liquid money in interest bearing accounts.[/quote]
True, but it’s good to know about the unlimited insurance for zero-interest checking accounts which is how many people would be moving their money in large transactions, e.g., depositing a check from the sale of a house, etc.
Also, the new $250K limit applies to all accounts, even interest-bearing accounts.