Frank-Dodd Accounts

[Homefront]

Well this new comer has been trying to get a savings account opened non-interest - Frank-Dodd Account type, being told not happening and non-interest accounts are only back for 25k (Wells-Fargo)..... could some one please put some light on this... TY

PS Wife Works For wells and cant find any INFO on this.

[SgtFuryUSCZ]

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That's my dummbutt bank, too. I haven't talked Dinar w/ 'em, [DON'T TALK TO THE BANKS], but

should have same protection under the FDIC law up to , what, like 250k...no?I only do a minimum amount

of bus w/ them, running certain checks only sorta thing...

[Homefront]

yaa interest Acc. are covered up to 250k well I no no mater how this comes down (RI/RV) this not going to work..... I see a lot of people will get shafted unless your protected some how.... this now scares the hell outta me... What do the multi millionaires when they get a load drop on them.... there has to be a way to cover are butts!

PS correct I'm not talking Dinar at all with them banks.... other then finding a account I could dump a vary large amount of funds into and be covered!

Edited February 23, 2012 by Homefront

[VegasGal]

This should shed some light on the subject:

http://www.fdic.gov/deposit/deposits/unlimited/implementation.html'>http://www.fdic.gov/deposit/deposits/unlimited/implementation.html

Another good area to read up on is here: http://www.fdic.gov/deposit/deposits/

Hope that helps!

Edited February 23, 2012 by VegasGal

[catone]

GREAT link ---GREAT info.........

I would say if your banker doesn't know what Dodd-Frank IS, you need to change banks!!!!!