Originally Posted by
jban642
Just remember that each account is insured up too 100,000. Diversify the accounts. Don't put too much money in one back spread it around.
Exactly.
1) Make sure the bank is FDIC insured (not all are).
2) Find out what the insurance limit is for your type of account.
3) If you have more than the limit on deposit, move some money to another (or several other) banks so that it's all covered.
There different limits for several account types, and some investments are not covered at all. Make sure you know what applies to your situation.