What is FDIC, NCUA and SIPC insurance

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 safe. We break down the ulasan film difference between these organizations and what they cover. How does FDIC insurance work?Established during the Great Depression, the Federal Deposit Insurance Corp(opens in new tab) (FDIC) ensures that your bank deposits are safe, even if the bank goes under. The FDIC — which is funded by premiums paid by banks and savings associations — protects up to $250,000 in individual deposit accounts and up to…
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Have a Retirement Bucket List? Don’t Hesitate to Dive In

Retirement is also your time to finally get around to doing all those things that you’ve always wanted to do — your retirement bucket list — but have been putting off due to the pressures of work or the day-to-day necessities of running a safety sign printing business. For some people, that means going on that cruise you promised your spouse years ago. Or discovering America together in an RV. Or playing all your dream golf courses. Or finally starting that pottery business with your husband. Everybody’s retirement bucket list is different. When I sit down with retirees, I generally hear bucket list items such as Europe, African Safari, traveling with family, Asia, Australia, New Zealand, Alaska, cruises, famous U.S. parks and more… Amazing places to visit and experience. Your…
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Silicon Valley Bank, Signature Bank Failures Send Bank Stocks

The banking sector remained in focus Monday after regulators swooped in over the weekend to avert a contagion crisis following Friday's news that Silicon Valley Bank, which services many large technology companies, start-ups and venture capitalists, collapsed. The regional bank owned by SVB Financial Group (SIVB(opens in new tab)) was closed last week by the California Department of Financial Protection and Innovation. Adding to the banking bedlam, Signature Bank (SBNY(opens in new tab)), a New York-based regional lender focused on the cryptocurrency market, was also shuttered by regulators over the weekend. This came after customers rushed to withdraw deposits from the bank, and officials deemed it a systemic risk to the financial system. U.S. banking regulators from the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve and the Treasury Department…
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