This payment is usually made within a few days, either by giving the account holder a check or by depositing the money into an account for the depositor at another insured bank.
Retirement accounts which are owned by one person for their personal use are insured up to $250,000 per depositor per insured bank.
On October 3, 2008 the coverage was temporarily increased from $100,000 to $250,000 per depositor per insured bank.
EDIE will calculate coverage for as many as 40 personal and business accounts owned or co-owned by a depositor.
There is no guarantee that a depositor will receive any or all of their uninsured deposits.
In 1898 California had the largest savings-bank deposit per depositor ($637.75) of any state in the.
The city has, besides, numerous fine office buildings, including that of the Society for Savings (an institution in which each depositor is virtually a stockholder), the Citizens', Rose, Williamson, Rockefeller, New England and Garfield buildings; and several beautiful churches, notably the Roman Catholic and Trinity cathedrals, the First Presbyterian ("Old Stone"), the Second Presbyterian, the First Methodist and Plymouth (Congregational) churches.
Union; the per caput deposit was $110 in 1902, and about one person in seven was a depositor.