Tameka Owns a Small Business and Has Two Accounts at the Local

question 56

Multiple Choice

Tameka owns a small business and has two accounts at the local bank, which is CDIC insured. Her personal savings account has $125,000, and an account for her investments has $285,000. If the local bank fails, how much will Tameka receive from the FDIC?

• A) $125,000
• B) $410,000
• C) $100,000
• D) $285,000