Personal Finance Advice and Commentary

Deposits over the FDIC limit of $250,000 can be insured at one bank using CDARS. Find out at Bankrate.com.

Though the FDIC currently insures deposits for up to $250,000 — and will forevermore if the Dodd-Frank Act passes in its current form — some people need more of their cash insured. They can get it by putting funds under separate ownership registrations at one institution or spread their wealth among several banks. Or they