Note that the $250k insurance *is* already permanent on IRA accounts
https://www.unclecu.org/?pagename=iras

Gil Faver wrote:
- quote -


Andy writes:

I've read that if a CD is purchased for longer than a maturity of 31
Dec 2009,
the 250K insurance limit will be extended on that particular CD for
one extra
year.....but only one year .

I've heard nothing about a permanent 250k insurance rate...

I've talked to several customer service rates at different banks
and
they don't know anything about an extension of the level....
Neither have I found a bank that will allow one to cash in the CD if
the insurance rate reverts back to 100K.

Lots of stuff up in the air..... Unless the 250K rate is legislated
into
permanency, I wouldn't consider going over 100K on any separate
account. Just my opinion.

Andy in Eureka, Texas

anyone hear any talk about making the $250k FDIC limit permanent, or
otherwise increasing from the original $100k after the temporary $250k limit
expires?