Banks safe for cd's?

[rhugg-49]

I recently purchased cd's in a bank called GE MONEY BANK. If for any reason, this bank would fail and go out of business. Would I still be able to recover the FDIC insured cd as planed? If so, does the ladder cd's that I also have FDIC insured be attainable? Please answer with your assurance of my money being safe.

[Buenchico]

Sorry, the Answerbank is a UK-based site and you won't find many experts on American finance around here. (To us Brits, a 'CD' is a compact disc and not much else!).

You're far more likely to get a helpful answer on a US-based site.

Try one of these:
http://www.answerbag.com/

http://answers.yahoo.com/

Chris

[KarolinaD]

I thing not sure cd means commercial deposit beyond that I didn't get anything I am too not in a position to help you out. its better to ask help some where else as per our fellow member. All the best