The FDIC is changing the way banks pay for insurance, and big banks will soon pay much more than their smaller rivals to protect deposits. Even so, many customers may be better off at large banks, which could start aggressively competing for new deposits.
Continue reading Despite Higher FDIC Fees, Customers at Large Banks May Be Better Off
Despite Higher FDIC Fees, Customers at Large Banks May Be Better Off originally appeared on DailyFinance on Thu, 11 Nov 2010 06:30:00.
Filed Under: Economy, Investing, JP Morgan Chase, Bank of America, Citigroup