Keeping CDs in Country wide Bank is safe or not?

[5yearwaiter]

HLS I apoligize for this overlooking your thread and I was just steping one message after another. Yup ! you gave full details. still according to each SSN got 100k means and again per person it is 50K joint which meand in joint we lose the chance of more than 100K FDIC for couple, hope I am correct?.

5yearswaiter

[HLS]

EACH SSN is $100K, however how the accounts are titled is CRUCIAL. In my Spouse A & B example you could still lose $50K with $200K in the bank..

A couple can have (at least) $200K per bank.

The POD options are powerful. Did you read them ?

A crazy story I saw recently was a man had died on the same day that a bank was seized by fed’s, so the wife wasn’t covered by the POD because she had a separate account of her own for $100K,,, HOWEVER, the bank was taken over at 3pm, and he didn’t die until 10pm, so at 3pm he was still alive AND still insured… (Could be urban legend)

[HLS]

EACH SSN is $100K, however how the accounts are titled is CRUCIAL. In my Spouse A & B example you could still lose $50K with $200K in the bank..

A couple can have (at least) $200K per bank.

The POD options are powerful. Did you read them ?

A crazy story I saw recently was a man had died on the same day that a bank was seized by fed’s, so the wife wasn’t covered by the POD because she had a separate account of her own for $100K,,, HOWEVER, the bank was taken over at 3pm, and he didn’t die until 10pm, so at 3pm he was still alive AND still insured… (Could be urban legend)

[HLS]

EACH SSN is $100K, however how the accounts are titled is CRUCIAL. In my Spouse A & B example you could still lose $50K with $200K in the bank..

A couple can have (at least) $200K per bank.

The POD options are powerful. Did you read them ?

A crazy story I saw recently was a man had died on the same day that a bank was seized by fed’s, so the wife wasn’t covered by the POD because she had a separate account of her own for $100K,,, HOWEVER, the bank was taken over at 3pm, and he didn’t die until 10pm, so at 3pm he was still alive AND still insured… (Could be urban legend)

[5yearwaiter]

Thanks HLS, all is very up to date information and how accurate you are collecting all these… great help to this forum

5yearswaiter

[5yearwaiter]

Thanks HLS, all is very up to date information and how accurate you are collecting all these… great help to this forum

5yearswaiter

[5yearwaiter]

Thanks HLS, all is very up to date information and how accurate you are collecting all these… great help to this forum

5yearswaiter

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