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Reply to "How much do you keep in a single bank?"
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[quote=Anonymous]Your account can hold CDs issued by other banks that are insured separately (also up to $250k each). The interest rate is usually a little better, as well. There are also banks that have "sweep accounts" that sort of farm out an account among multiple banking entities, so you can have one account that is insured up to $1,250,000 (for example -- it varies by bank). [/quote]
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