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Is GE Interest Plus for Businesses FDIC Insured?

April 26, 2017businesses FDIC GE insured Plus

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Is GE Interest Plus for Businesses FDIC Insured?

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GE Interest Plus for Businesses is not an FDIC insured deposit. It is an investment in the senior unsecured debt of General Electric Capital Corporation, whose outstanding senior debt is rated AA+ by Standard and Poor’s Corporation and Aa2 by Moody’s Investor Service.