Comments on: CDARS Accounts: How To Protect Your Assets From FDIC Insurance Limits

By: Harry Culotta

Harry Culotta — Fri, 24 Jul 2009 19:23:58 +0000

Thanks for a highly informative article. CDARS is one of several options available to individuals and organizations. As a reader noted, Treasury securities are a second option. A third option, available to certain nonprofit organizations in California, is a collaterialization agreement, under which the bank pledges securities to cover all amounts in excess of FDIC insured limits. As the business manager of a local nonprofit, I used the collaterization agreement with local banks to protect the organization’s deposits.

By: James Kunisch

James Kunisch — Fri, 24 Jul 2009 14:55:42 +0000

Thanks for again offering quality information in your Investment U email. This is most unlike the other emailed letters I receive daily.

By: Thomas T Machaj

Thomas T Machaj — Fri, 24 Jul 2009 10:53:16 +0000

The same thing can be accomplished just buying treasuries. No limits.