Latest responses to “Current FDIC and NCUA Insurance Limits For Banks and Credit Unions” Copyright 2012, MoneyBlueBook.com 409280 2010-02-19T15:03:31-08:00 Rosalie Smith Please give me a list of two or three credit unions that are FDIC insured which Missouri residents can use. Thanks. 409260 2009-06-13T00:56:00-07:00 Caleb AMH? What's your deal and obsession with annuity accounts anyway? FDIC and NCUA are important because they provide stability for banks, where short term liquid cash savings are stored. They are ideal deposit sources for emergency fund purposes and for the storage of one's life savings. Their security and safety is their strong point. Annuity accounts might have their place, but they are not federally insured the way bank deposits are. Or if I'm wrong, please enlighten me! 409240 2009-06-11T17:09:30-07:00 AMH - Annuity Quotes This will raise rates on the amount that banks have to pay to the govt to fund the FDIC insurance. Perhaps there will be some negative consequences to this as well in the form of higher fees to consumers. I still like annuity accounts for a reasonable way to insure deposits and allow money to safely grow on a tax deferred basis. 409250 2009-06-11T16:25:01-07:00 Diane Why doesn't the FDIC insured group simply make those insurance rates permanent rather than string us along forever? It's clear the banks will need time to recover and that consumers need the assurances that their money will be forever protected for a long long time. With inflation concerns, it wouldn't make sense to revert back to the old $100,000 FDIC insurance limit in 2013 or 2014... 409270 2009-06-10T00:26:57-07:00 Caleb Another way to diversify your risk for those of us who dabble in CD's, and maximize FDIC protection past the amounts that are federally insured is to put your money into banks or credit unions that offer CDARS perks - Certificate of Deposit Account Registration Service. You still get to earn interest income by get insurance up into the millions of dollars. http://www.cdars.com/ 409230 2009-06-09T12:45:30-07:00 Bank Rate Chaser This is old news...old as in a few weeks old. But I think the banks and credit unions have stabilized. It's just the big supermarket banks like Citigroup and Bank of America - where customers have to really worry. The local banks that didn't depend on selling subprime mortgage loans to the masses will do okay. If you've got money in JP Morgan Chase, Wells Fargo, or US Bank etc, you'll be fine, FDIC/NUCA or not.