lucy24 - 7:35 pm on Mar 30, 2013 (gmt 0)
Isn't 100,000 (US) also the cutoff for FDIC and FSLIC coverage?
:: detour to fdic dot gov [fdic.gov] with subsidiary detour for snicker at explicit "index.html" in URL, and further subsidiary grumble at non-linking of anything in https ::
250,000. They raised it when I wasn't looking.
The standard insurance amount is $250,000 per depositor, per insured bank, for each ownership category. This includes principal and accrued interest and applies to all depositors of an insured bank.
Deposits in separate branches of an insured bank are not separately insured. Deposits in one insured bank are insured separately from deposits in another insured bank.
The US dollar has been tanking of late-- somewhere along the line it got to be less than a Canadian dollar, which was a nasty shock-- but it's not down to .40 Euros is it? otoh Cyprus is not absolutely rolling in wealth.