All accounts up to 100k are insured by FDIC. The problem is that FDIC is running out of money.
If WaMu is going to be bought I am sure that new owner will be happy to keep your money, though they can change APY.
If FDIC takes over WAMU they suppose to take care of your money.
WaMu Savings
I have a WaMu savings Account do I need to worry about losing my money?
All accounts up to 100k are insured by FDIC. The problem is that FDIC is running out of money.
If WaMu is going to be bought I am sure that new owner will be happy to keep your money, though they can change APY.
If FDIC takes over WAMU they suppose to take care of your money.
Thank you for your help.
Holy crap, everyone is selling out right
It seems that way doesn't it....
Everyone seems to be selling out...it's a wonder if our money is safe anywhere nowadays...