Check For Insurance (FDIC, etc.) Before Opening an Account

February 20, 2007 in Money by admin

Know what coverage your accounts will have before you sign on.Before opening any sort of savings or investment account, make sure that the account will be insured by the federal government (FDIC or NCUA). Depending on the institution, many financial products offered these days, including annuities and mutual stock funds, may not be insured.