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As consumers continue to be rattled by a seemingly bottomless pit of bad financial news, they’re looking for ways to ensure their entire bank deposits are covered by the Federal Deposit Insurance Corp.- advertisement -

It’s not difficult to exceed the $100,000 limit on individual accounts, or the $250,000 limit on certain retirement accounts. In fact, the FDIC says that less than 62 percent of the $6.88 trillion on deposit in FDIC-insured banks was covered at the end of 2007. That leaves more than $2.5 trillion unprotected in the event of bank failures.

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