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Go to www.fdic.gov/consumers/consumer/information/fdiciorn.html and answer the following questions:

a. List at least three types of bank accounts that are insured by the FDIC. Are money market deposit accounts insured and, if so, to what limit?

b. List three types of consumer investment products that are not insured.

c. Are Treasury Securities insured by the FDIC? If Treasury Securities payments of interest and principal are deposited to your checking account are they FDIC insured? Explain.

d. If you have a safety deposit box at an FDIC-insured bank, are the contents of the box insured by the FDIC? Explain fully.

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  • Category:- Basic Finance
  • Reference No.:- M92060856

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