Monthly Archives: November 2019

Smart About Money: When the bank won’t make you whole …

One of the biggest misconceptions about banks involves bank insurance. Specifically, many people believe that the FDIC and SIF insurance they hear so much about covers them for various kinds of losses, sort of like an insurer of last resort.

And if the bank insurance won’t cover them, surely the bank will, right?

Continue reading Smart About Money: When the bank won’t make you whole …