dic.gov/EDIE provides the exact status of federal insurance on all your bank accounts. To help allay investors’ fears, the government has temporarily raised Federal Deposit Insurance Corp. coverage to $250,000 per account.
Webapps.ncua.gov/ins serves a similar function for members of credit unions. Like banks, institutions within the National Credit Union Association “are backed by the full faith and credit of the U.S. government.” The site’s Share Insurance Estimator tells you how much deposits in each account are insured for.
Treasurydirect.gov is the Treasury Department’s own site for purchasing ultra-safe Treasury bonds. There’s no fee, and as long as you hold the securities to maturity, you will get your money back—assuming the federal government doesn’t default or restructure its debt.
Source: San Francisco Chronicle
- How the strange case of Obama's Uncle Omar complicates immigration reform
- There is a better alternative to raising the minimum wage
- Rick Santorum wins the prize for the worst Nelson Mandela tribute
- Watch The Daily Show use Pope Francis to hammer Fox Business pundits
Did God have a wife?
- The 2014 World Cup draw: Team U.S.A. is screwed
- Ryan Seacrest invested $1 million to transform your iPhone into a BlackBerry
- Remembering Nelson Mandela: The world's front pages
- 4 secret societies you probably don't know about
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
Subscribe to the Week