Let’s be civil. The Flathead Beacon encourages vigorous discussion and lively debate, but we will delete comments that attack other readers, make accusations we can’t verify, stray too far off topic, criticize local businesses (call them if you have a problem), convict someone of a crime, use profanity or are simply judged to be in bad taste. We don’t always have someone moderating comments, so we ask for your help: If you see a comment that violates these ground rules, or you simply deem it offensive, please e-mail editor [at] flatheadbeacon.com. The views expressed in the comments section do not reflect those of the Beacon.
By H2OSNOSKI on 11-09-09
The maximum FDIC is $250,000. Thats’s 140 local banks for the $35M. Pleas identify the 140 local banks for tax payer knowledge.
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By JohnGalt on 11-09-09
Per state requirements, banks have to pledge collateral for government deposits meaning 100% of the money is secured. There are also ways to get above $250,000 in FDIC insurance at one financial institution.
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Let’s be civil. The Flathead Beacon encourages vigorous discussion and lively debate, but we will delete comments that attack other readers, make accusations we can’t verify, stray too far off topic, criticize local businesses (call them if you have a problem), convict someone of a crime, use profanity or are simply judged to be in bad taste. We don’t always have someone moderating comments, so we ask for your help: If you see a comment that violates these ground rules, or you simply deem it offensive, please e-mail editor [at] flatheadbeacon.com. The views expressed in the comments section do not reflect those of the Beacon.
By H2OSNOSKI on 11-09-09
The maximum FDIC is $250,000. Thats’s 140 local banks for the $35M. Pleas identify the 140 local banks for tax payer knowledge.
By JohnGalt on 11-09-09
Per state requirements, banks have to pledge collateral for government deposits meaning 100% of the money is secured. There are also ways to get above $250,000 in FDIC insurance at one financial institution.
http://www.myfdicinsurance.gov/