ANB Follow up and interesting FDIC rule
People are still working on getting their money from ANB if they were not the most common and insured accounts. Pulaski Bank took all of the insured accounts over and has pledged to change very little for the customers but the accounts they didn’t take are in the hands of the FDIC still.
Now most people know that the FDIC insures your accounts up to $100k but most do not know there is a way to have more than that insured on an account. Here is an interesting article about someone who had $400k at ANB and was able to get their money back (less the interest earned) because it was FDIC insured the way they set it up.
There are creative ways to secure your money so make sure you do your research and be careful out there!
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