The Federal Deposit Insurance Corporation (FDIC) is a government organization that provides insurance on deposited funds in U.S. banks. Since the inception of the Federal Deposit Insurance Corporation (FDIC) in 1933, no depositor has lost a penny of FDIC-insured funds as a result of a failure1.
For information about FDIC insurance and tips on how to protect your money, visit:
When a wire transfer is initiated, the money is immediately withdrawn from the sender’s account and delivered to the receiving financial institution where it is deposited into the receiver’s account according to the instructions provided by the sender.
5 Steps to Help Protect Your Business Accounts from Cyber Criminals
Cyber criminals are targeting businesses of all sizes with increasingly sophisticated attacks. At a minimum, consider these recommendations to help protect your business.
Three Reasons You Need a Wealth Manager in the Digital Age
If you are trying to manage your money without a qualified financial advisor or wealth manager, you could be putting your money and your future at risk.