Are your funds insured at wells Fargo?

Answer:

Answer

All banks (legitimate banks anyway) are backed by the FDIC, which insured the first $100,000 of deposited funds per depositor... not per account. If you have $120,000 in Wells Fargo bank accounts (doesn't matter how many accounts) then you have $20,000 of uninsured cash balances.

First answer by Earlsfat. Last edit by Earlsfat. Contributor trust: 127 [recommend contributor recommended]. Question popularity: 22 [recommend question].