LLC, or unincorporated organization at a bank are normally covered by the FDIC for up to $250,000.5For example, if a corporation has a checking account with $150,000 and a CD for another $150,000 at the same bank, the FDIC only insures $250,000—it willnotinsure the remaining $50,...
It’s important to note that interest rates can vary significantly depending on the type of CD and the financial institution. Different banks and credit unions may offer different rates, so it’s essential to shop around and compare options to ensure you’re getting the best rate for your inv...
with a credit union, you won't have FDIC insurance. That's only for banks. But you should receive National Credit Union Administration (NCUA) insurance instead. This works the same as FDIC insurance but it's for credit unions. You cancheck if your credit union is insuredon the NCUA web...