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Archive Home > 2008 > September > 29 > Beyond FDIC: Protecting your money

Beyond FDIC: Protecting your money

By Aldo Svaldi / The Bulletin
September 29, 2008

Customers of IndyMac Bank in California learned the hard way what violating Federal Deposit Insurance Corp. limits can cost.

Clients whose deposits with the failed thrift exceeded FDIC limits of $100,000 for individual accounts and $250,000 for retirement accounts are expected to get just 50....

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