Is Grand Yield Savings Direct FDIC insured?
Yes, to the maximum allowed by law. Deposits are FDIC insured up to $100,000 per qualifying ownership. Individual and joint accounts are insured separately, so if you have both types of accounts with us, your total deposits can be insured up to $200,000; that is up to $100,000 in all of your individual accounts and up to an additional $100,000 in your joint accounts.