Ilyce Glink's Blog

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

Sunday, September 28, 2008

Is Your Bank Account Protected? Use This Calculator!

The FDIC has launched a new calculator to help you figure out if your deposits are protected.

Use this: http://www.fdic.gov/edie/index.html

Labels: FDIC

posted by Ilyce Glink at 11:04 AM 3 comments

3 Comments:

Do you have funds in a credit union? Wondering if they're as safe as FDIC-insured banks?

Credit Unions have insurance for deposit accounts that is very similar to FDIC insurance. Here's the link to a calculator to tell you whether your funds are safe.

http://webapps.ncua.gov/ins/

posted by Ilyce Glink | September 28, 2008 12:24 PM | more stuff

I just discovered a 20% interest certificate of deposit in the Philippines. Website is http://themoneymakers.org/englishindex.html
It's PDIC insured, something similar to the FDIC. But I wonder if it's really safe: Can the poor Philippine government really pay if a bank goes bankrupt?? Comments are very welcome!

posted by Denzel Pollmann | October 02, 2008 8:29 AM | more stuff

I don't know if this is a safe investment, but I think the old adage applies: If it sounds too good to be true, it probably is. Twenty percent on your money in any economy is insanely wonderful -- but in this economy, it's really suspect.

Ilyce

posted by Ilyce Glink | October 02, 2008 9:24 AM | more stuff

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Tuesday, July 22, 2008

Want to Know If Your Bank is FDIC or FSLIC Insured?

Brian called the show and wanted to know how to figure out if a bank really is FDIC insured. It's easy, go online to www.fdic.gov or call the FDIC toll-free 877-ASK-FDIC.

Labels: Clark Howard, FDIC

posted by Ilyce Glink at 12:21 PM 0 comments

0 Comments: