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Are funds deposited by a fiduciary insured separately from an owners other deposit accounts at the same bank?

April 26, 2017accounts Bank deposit deposited Fiduciary funds insured owner separately

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Are funds deposited by a fiduciary insured separately from an owners other deposit accounts at the same bank?

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Funds deposited by a fiduciary on behalf of a person or entity (the owner) are added to any other deposits the owner holds in the same ownership category at the same bank and insured up to the applicable limit.