FDIC insurance and clients’ funds: an FDIC tool for determining the extent of coverage of clients’ funds accounts?

Update:  Unlimited FDIC coverage available for IOLTA Accounts through Dec. 31, 2009

 

click here.

We haven’t tried it yet.  When we do, we will report on our experience.

Update:  We tried it.  The tool does not work for fiduciary accounts.  But we found and reported on a different place on the FDIC website that describes coverage available on fiduciary accounts IF they are structured in a specific way.  For more information click here.