Are Businesses Covered By FDIC? | Essential Banking Facts
Businesses’ bank deposits are protected by FDIC insurance up to $250,000 per account ownership category. Understanding FDIC Coverage for Businesses The Federal Deposit Insurance Corporation (FDIC) is a U.S. government agency that protects depositors by insuring deposits at member banks. Many people assume FDIC insurance only applies to individual personal accounts, but businesses also benefit […]
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