Looking at the current banking news it can be difficult to remain calm or to even understand just how much of your savings is protected. In this short video, HC Senior Wealth Advisor (and former co-founder of Davis & Seiley RIA) Marc Davis provides some basic info about the FDIC, its history, purpose and FDIC insurance coverage.
Disclaimer: For information purposes only and should not be interpreted as legal, tax or financial advice. Always consult your CPA/tax advisor/attorney (or reach out to us;) to discuss your specific situation. Past performance is no guarantee of future results.