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Justin Pritchard

How FDIC Insurance Works

By , About.com GuideJanuary 25, 2008

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FDIC insurance protects you from losses if your bank goes belly-up. You think of the bank as a very safe place for your money, but banks loan your money out and invest it in a variety of ways. If those activities go sour, what happens to your money?

Find out how FDIC insurance works to protect customers.

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