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franksville wi | Thought maybe someone on here could tell me how much truth there is to this.
Went to meet with banker about operating loan and just let out a little jab at the percentage for interest being charged vs the prime right now. Banker looked at me and said you have complained about health insurance before right? I said who hasn't? He said their FDIC insurance went from $32,000 to $800,000 since the housing crash and with fewer loans out that is why interest on money markets is low and the interest on out going loans is so high. Truth or line of BS | |
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FDIC insurance
