Don_Dickle@lemmy.world to

No Stupid Questions@lemmy.world · 7 days ago

If a US bank only insures your money up to 250k does that mean I have to visit four different banks to have a million dollars insured?

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If a US bank only insures your money up to 250k does that mean I have to visit four different banks to have a million dollars insured?

Don_Dickle@lemmy.world to

No Stupid Questions@lemmy.world · 7 days ago

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Bassman1805@lemmy.world
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7 days ago
They use the same banks as us, they just have a VP’s direct cell number rather than talking to a run-of-the-mill teller during business hours.

JP Morgan didn’t get all their assets by exclusivity serving low net worth individuals.

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