Homework Help: finance

Posted by tony on Sunday, May 31, 2009 at 6:46pm.

Why would a bank increase the FDIC insured amount? I thought the lower the better for consumers and it made it easier when the FDIC amount was low. It seems to me like if they increase the FDIC amount, the amount that is covered, like insurance, would go up and the monthly fees will increase as well. Professor, what are some risks and advantages of FDIC amount increases?

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