FDIC insurance rates for dating Book Banks | ||
| Coin Operated27 of 1259 |  |  |
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Posted 1 year ago
Toyhood
(2 items)
1934: Deposit insurance coverage is initially set at $2,500, and is then raised midyear to $5,000
1950: Deposit insurance increased to $10,000.
1966: Deposit insurance is increased to $15,000.00.
1969: Deposit insurance is increased to $20,000.00.
1974: Deposit insurance is increased to $40,000.00.
1980: Deposit insurance is increased to $100,000.00.
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The U.S. is broke and would probably just print more money if people tried to collect their "insurance".