Second Largest Bank Failure in U.S. History…

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  • smokingman

    Grandmaster
    Rating - 100%
    2   0   0
    Nov 11, 2008
    9,505
    149
    Indiana
    Today 4/22/2023
    An otherwise quiet Saturday afternoon,with markets closed.


     

    BE Mike

    Grandmaster
    Site Supporter
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    18   0   0
    Jul 23, 2008
    7,559
    113
    New Albany
    Joint accounts are FDIC insured for $500,000 as long as the depositors are natural people and have equal access to the account.
     

    DoggyDaddy

    Grandmaster
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    Rating - 100%
    73   0   1
    Aug 18, 2011
    103,709
    149
    Southside Indy
    A natural person is an actual living individual, as opposed to an organization e.g., a club, company, corporation, etc. that also have a legal standing.
    No legal entities, i.e. corporations.
    Thanks Dennys. :):
     

    Mij

    Permaplinker (thanks to Expat)
    Site Supporter
    Rating - 100%
    1   0   0
    May 22, 2022
    6,216
    113
    In the corn and beans
    Today 4/22/2023
    An otherwise quiet Saturday afternoon,with markets closed.


    Well of course!
    You didn’t think they would have made the announcement at noon on Friday did you? All the cardiologist go home after lunch on Fri. Paper guys would have been falling like flies. :lmfao:
     
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