How much money can we safely deposit in the bank?
Like 1 million or two? Or does it depend on the bank? Also how do trust funds work?
bank best answer:
Answer by coraann
$ 100,000. and have it totally insured is the maximum in any one bank.
You can deal with as many banks as you wish.
I think you mean trust companies, not trust funds. Much the same as banks.
There is not enough room here to explain trust funds. Too many of them, too many different
situations.
bank
Columbia Center / Bank of America tower - IMG_1466
Image by Nicola since 1972
Columbia Center (formerly Bank of America Tower and Columbia Seafirst Center) is the tallest skyscraper in the downtown Seattle skyline, as well as the tallest building in the State of Washington, and the Pacific Northwest region of North America. It occupies most of the block bounded by Fourth and Fifth Avenues and Cherry and Columbia Streets. At 284.2 m (932 ft) it was the tallest skyscraper west of the Mississippi River when construction was finished; it is currently fourth by that metric, the second tallest building on the West Coast, and the twentieth tallest building in the United States. It contains 76 stories of class-A office space above ground and seven stories of various use below ground, making it the building with the most stories west of the Mississippi. Construction of this building began in 1982 and finished in 1985. It was designed by Chester L. Lindsey Architects who also designed the Fourth and Blanchard Building in the Belltown neighborhood, and was built by Howard S. Wright Construction.
en.wikipedia.org/wiki/Columbia_Center
Orignal From: How much money can we safely deposit in the bank? and Columbia Center / Bank of America tower - IMG_1466
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