What’s effective about raising the FDIC level of insurance to $200,000? As I understand it the FDIC insures $100,000 per account, if I had $200,000 I could already be covered with two accounts.
Small businesses and commercial accounts need higher limits to meet payroll and such.
ETA: You couldn’t have two accounts in the same bank in one name. You could have $100,000 for every name in your household.
Fine, you have TWO different banks. For that much money I’ll make the extra trip.
Hell, I know some people would be willing to go all the way cross town, for a hundred thousand dollars.
OK…Americans should toughen up and accept their country will operate like the third world.
:rolleyes: yourself