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Chase Bank Branch Sw Edmunds Seattle

Chase Bank Branch Sw Edmunds Seattle
4306 Sw Edmunds
Seattle, WA 98116
Chase Bank Phone Number:
(206) 461-6375
Drive Up Only

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Banking & CD FAQs

What Does the FDIC insure?

The FDIC insures all deposits at insured banks, including checking, NOW and savings accounts, money market deposit accounts, and certificates of deposit (CDs), up to the insurance limit. The FDIC does not insure the money you invest in stocks, bonds, mutual funds, life insurance policies, annuities, or municipal securities, even if you purchased these products

Can my bank tell if the check or money order is good or not when I deposit it?

Fake checks can look so real that even bank tellers may be fooled. Some are counterfeit money orders, some are phony cashier’s checks, and others look like they are from legitimate business accounts. The companies whose names appear may be real and the routing number and account number may appear to be real,

Can you hold two CD accounts in different banks one as a joint account and the other in a single name?

Yes. You can open individual and joint CD accounts with different banks. If the accounts do not exceed the FDIC insurance coverage, you can open CDs under individual names and joint names in the same bank as well. FDIC insurance will not preclude you from having multiple CDs or any other accounts with

Why do certificates of deposit pay more than a savings account?

Most banks pay a higher rate on certificates of deposits because the CD’s have a set length of maturity. This means the bank can use those funds for predetermined period of time without worrying about losing the funds via sudden customer withdrawal. Remember, banks make money by loaning out the deposits or investing

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