Ramses Delgado, Banking Moderator
@ramses_delgado1
Yes, the My eBanc CDs are FDIC-insured up to $250,000 per depositor. This ensures that your funds are safeguarded in the event of the bank holding your CD fails.
Keep in mind that the Federal Deposit Insurance Corporation only insures deposit accounts. You can check the best CD rates available to ensure that whatever decision you make fits your financial goals and needs.
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