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What insurance coverage is available for Insured Deposits Direct?

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What insurance coverage is available for Insured Deposits Direct?

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Your deposits in Insured Deposits Direct are covered by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance protects balances up to $250,000 per depositor, per bank. In Insured Deposits Direct, we interface with numerous banks so you have up to $5 million in FDIC protection through one account.

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