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FDIC insurance rates for dating Book Banks

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Coin Operated42 of 1273Cast Iron BankOld Pepsi Machine
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    Posted 3 years ago

    Toyhood
    (2 items)

    1934: Deposit insurance coverage is initially set at $2,500, and is then raised midyear to $5,000

    1950: Deposit insurance increased to $10,000.

    1966: Deposit insurance is increased to $15,000.00.

    1969: Deposit insurance is increased to $20,000.00.

    1974: Deposit insurance is increased to $40,000.00.

    1980: Deposit insurance is increased to $100,000.00.

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    Comments

    1. blunderbuss2 blunderbuss2, 3 years ago
      The U.S. is broke and would probably just print more money if people tried to collect their "insurance".

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