FDIC FAQs-How will NOW accounts be insured?

Compliance > Deposit Operations > FDIC FAQs on Insurance and Payment of Interest on Demand Deposit Accounts
Q: How will NOW accounts be insured?

The FDIC insures NOW accounts (together with any other interest-bearing deposits held by the depositor at the same IDI) based on the depositor’s ownership capacity.

This can be found in - FAQ#6 of FDIC’s FAQs.  FDIC’s FAQs can be found at: http://www.fdic.gov/deposit/deposits/unlimited/faq.pdf

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