Are Health Savings Accounts insured by the NCUA? I am having difficulty finding a direct answer. If so, is it grouped with other share accounts (like savings/checking) or is it separate like an IRA?
Is the wording FDIC insured still allowable?
FDIC insurance-husband has set up a revocable trust, he and his wife are co-ttee (co-trustees) and son is succ/ttee (successor trustee). How much is this account insured for? The wife has similar trust with names reversed and same son as suc/ttee?
We have a customer who is POD on her fathers account, but she is telling us that she does not want the money. Is there a time limit on how long a POD account can sit out there even if we have contact with the POD? What recourse does the bank have on distributing the money to the appropriate POD? I know that FDIC insurance lapses 6 months after the death of the owner.
Is FDIC coverage changing this year?
Is there a regulation regarding waiving the penalty for a customer for a early withdrawal from a certificate of deposit?
The change on who can have a NOW account (Businesses). When was the change and in what Reg is the change found?
Can you give a free gift valued over $25 to customers with a Health Savings Account? The account is coded as a checking account.
I know there are certain instances in which we can exempt an account from the early withdrawal penalties as required by regulation. 1. Can we waive the early withdrawal penalty of a CD that was opened from the proceeds of a loan exclusively to pay taxes on the property securing that loan? 2. Can we waive the penalty of a CD opened by an employee of ours if that employee wants to apply those funds as a partial payment to a loan he has with our financial institution?
Can the temporary unlimited coverage where all funds in non interest bearing transaction accounts are insured in full by the FDIC be located in an FDIC insurance tab on a Bank's website?