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Not just single account, but aggregate funds in the bank
Re: Well, as Russ mentioned above, unless you are dealing with more than $250K in a single account, you are safe. -- LateForLunch Post Reply Top of thread Forum

Posted by: Russ Walden ®

03/13/2023, 14:15:58

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LFL,
I am technically in violation of that advice, but am unworried.
I have my personal accounts and real estate accounts in one bank.  It is a major bank (Truist), so I'm not concerned.

I sold a property last year and have not reinvested the proceeds. The solution is to buy another property, but haven't found one I like enough.

Regards,
Russ







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