No. of Recommendations: 3

  In one case several years ago, regarding a bank/S&L/or FCU that went bust, one customer had in excess of $100,000 in several "acounts"....checking, savings, CD's, etc.  

  In this particular case, the decision was that the various accounts were determined to be one account, and the government would only cover $100K of the customer's deposits.  I'm guessing that in reality, the deposits may have been under one account number, but I don't know. 

  A good rule of thumb might be to limit all deposits in any one institution to the insurance limits.
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