this post was submitted on 02 Mar 2024
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[–] [email protected] 3 points 9 months ago (1 children)

I believe that’s correct, yeah. 250k is the limit, per bank per account type. So if you have 250k on a chase savings account, 250k in a chase checking, you’re covered. Open another savings or checking, and they WONT be covered.

That is my understanding anyway.

[–] [email protected] 3 points 9 months ago

This is correct to my understand as well.