Is your money all FDIC insured?
The failure of IndyMac Bank gives a timely lesson in protecting assets. Ed Conarchy discusses one reported case and how not making all the right moves left a bank client’s deposits largely at risk. FDIC EDIE calculator: http://www.fdic.gov/EDIE/index.html
Update: Oct. 10, 2008 FDIC limit officially raised from $100,000 to $250,000
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Ed Conarchy
Mortgage Advisor
NMLS # 215698
Providing Personal Mortgage Advice Since 1990
Cherry Creek Mortgage Company
495 N. Riverside Dr., Suite 206
Gurnee, IL 60031
Phone: (847) 970-4239
Fax: (847) 557-2088
Ed Conarchy NMLS # 215698
Licensed in Wisconsin, Illinois, Indiana and Michigan
Cherry Creek Mortgage Co., Inc. NMLS # 3001
Illinois Residential Mortgage Licensee # 0005759