The FDIC insures individual bank accounts up to $100,000.00.  The present change to $250,000.00 is set to expire on December 2009 thus making the coverage of little value for bank CDs that have a term running past the end of 2009.  It is possible to have significantly more funds insured by holding insured accounts in more than one name.  The $100,000.00 threshold can be exceeded in even more variations with different ownership structures approved by the FDIC.  But be very careful.  Often the easiest method is to simply utilize more than one bank for your large insured deposits.  Using more than one bank increases insurance protection and can be used to hold CDs with varying maturities and varying CD rates to diversify interest rate risk as well.

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