Credit Questions
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In September, you posted an article about Kansas Bankers Surety exiting the deposit insurance market. Are there any other companies that offer bank depositors supplemental insurance for deposits in excess of the federal insurance limits? If so, do you have any information on them or know where I can get information on them?
Thanks.
Kurt,
I don’t know of any company providing that coverage….but, of course, the FDIC raised the insurance to $250,000…a month or so ago…right?
If you have more than the insured limit split it up between banks.