Please help settle an argument for me.
I told my Aunt that FDIC will insure up to $100,000 per bank. However, my Aunt insists that the FDIC will insure up to $100,000 per account, in the same bank.
I told her I heard that on the Suze Orman Show and she said she heard hers from the bank and the old folks at the Meals On Wheels Program.
Who is correct? Please help settle this argument!
Thank you!
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