FDIC Insurance Limits Raised

Effective October 3 through December 31, 2009, President Bush signed a law raising the FDIC depositor insurance coverage limit to $250,000 per account subject to rules and upward adjustments.  See this link from the FDIC for more information.

As always, also discuss with your attorney, financial advisor or other advisor if you have questions or concerns about your FDIC coverage for your accounts. Our motto is better to be safe than sorry.