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Cash Solutions

Paul Wagner's picture
Posted by Paul Wagner (Personal Banker), Jun 02, 2010, 20:28 PM (view user's blog)

FDIC CoverageIt is important to periodically ensure your deposit spread has limited exposure to market induced loss. Leveraging FDIC coverage is a great tool to prevent any surprise catastrophe from occuring. Be sure to analyze your coverage position as well as your options for ensuring optimal coverage; Beneficiaries, Cusotodian accounts and choosing the correct products and structuring the ownership properly is essential to maximizing your coverage. Also, wealth transfer products such as Trusts are a great tool to shelter taxes as well as ensure your FDIC coverage is leveraged appropriately. Visit to monitor your deposit position.  Max 250,000.00 per depositor til 2013.