What is FDIC, NCUA and SIPC Insurance? How Much Does it Cover?
FDIC, NCUA, and SIPC insurance provides important protection for your savings and investments but what are the limits? How much of your money is covered? There are several organizations that have been set up to protect consumers' financial assets — the FDIC which covers deposits in banks and savings associations, the NCUA which does the same for most credit unions and the SIPC which covers investors' assets. It's important to be aware of your rights and how these institutions can keep your money
Source: yahoo.com
