Who is responsible for monitoring my account to make sure it does not exceed FDIC coverage limits?
You are responsible for monitoring the total amount of your assets on deposit with the bank assigned to receive cash (including amounts in other accounts at that bank held in the same right and legal capacity) in order to determine the extent of FDIC deposit insurance coverage available to you on those deposits.
Related Questions
- Im a proficient typist and usually don need to look at the screen as I type. How can I make sure that I don exceed the limits of each text area without constantly checking?
- Who is responsible for monitoring my account to make sure it does not exceed FDIC coverage limits?
- What if my total deposits at the assigned bank exceed FDIC insurance coverage limits?
