Bank Solvency and FDIC Worries

[bsrsharma]

High yield money market is not covered?

Usually so, unless they clearly identify otherwise. The SDCCU high yield Checking account is covered. Usually, anything with the words Savings or Checking is covered. But always read the fine print or ask. I have never heard of a bank misleading to invest in non-FDIC accounts. (Customer stupidity is a different story)

[(former)FormerSanDiegan]

Bold is

Off ?

What about

the italics

[(former)FormerSanDiegan]

Bold is

Off ?

What about

the italics

[(former)FormerSanDiegan]

Bold is

Off ?

What about

the italics

[condogrrl]

I am willing to give up a little interest by not having to run around town renewing my CDs or finding a safer bank to park them in when they mature. And, other than the Fed Reserve Bank, I want to be able to get my hands on the human who holds my money. Locally (San Diego) it seems World and San Diego National are the best rated banks by bankrate.com. And that changes from time to time. One thing that pisses me off is local banks offering higher interest rates to “new money” than my “old money.” Banks are crazy to have me withdraw my 100K while they lure in a new 5K account. I don’t want to play their games.

[condogrrl]

I am willing to give up a little interest by not having to run around town renewing my CDs or finding a safer bank to park them in when they mature. And, other than the Fed Reserve Bank, I want to be able to get my hands on the human who holds my money. Locally (San Diego) it seems World and San Diego National are the best rated banks by bankrate.com. And that changes from time to time. One thing that pisses me off is local banks offering higher interest rates to “new money” than my “old money.” Banks are crazy to have me withdraw my 100K while they lure in a new 5K account. I don’t want to play their games.

[condogrrl]

I am willing to give up a little interest by not having to run around town renewing my CDs or finding a safer bank to park them in when they mature. And, other than the Fed Reserve Bank, I want to be able to get my hands on the human who holds my money. Locally (San Diego) it seems World and San Diego National are the best rated banks by bankrate.com. And that changes from time to time. One thing that pisses me off is local banks offering higher interest rates to “new money” than my “old money.” Banks are crazy to have me withdraw my 100K while they lure in a new 5K account. I don’t want to play their games.

[donaldduckmoore]

I have money in FNBO direct. they have 6% annual rate but I have been worried about this bank lately. I have to look at the risk exposure.

[donaldduckmoore]

I have money in FNBO direct. they have 6% annual rate but I have been worried about this bank lately. I have to look at the risk exposure.

[donaldduckmoore]

I have money in FNBO direct. they have 6% annual rate but I have been worried about this bank lately. I have to look at the risk exposure.

[bsrsharma]

FNBO direct. they have 6%

 

Is it FDIC insured?  – Yes it is. Good one. Only problem is the high rate is till end of September.

BTW, does anyone know of any other FDIC insured Savings accounts that gives 6% or above APR? (I feel the bankrate.com is a pain)

 

[bsrsharma]

FNBO direct. they have 6%

 

Is it FDIC insured?  – Yes it is. Good one. Only problem is the high rate is till end of September.

BTW, does anyone know of any other FDIC insured Savings accounts that gives 6% or above APR? (I feel the bankrate.com is a pain)

 

[bsrsharma]

FNBO direct. they have 6%

 

Is it FDIC insured?  – Yes it is. Good one. Only problem is the high rate is till end of September.

BTW, does anyone know of any other FDIC insured Savings accounts that gives 6% or above APR? (I feel the bankrate.com is a pain)

 

[nccoastalseller]

nccoastalseller

SDCCU is covered by NCUA insurance (100K per SSN).

SDCCU CAEL rated 2 (1-5, 1 is best 5 is worst).

http://www.bankrate.com/brm/safesound/cael_explain.asp

[nccoastalseller]

nccoastalseller

SDCCU is covered by NCUA insurance (100K per SSN).

SDCCU CAEL rated 2 (1-5, 1 is best 5 is worst).

http://www.bankrate.com/brm/safesound/cael_explain.asp

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