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Thread: FDIC Shuts Down NetBank Due to Defaults
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Old Sep 28, 2007 | 10:51 pm
  #9  
psyflyer
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Join Date: Dec 2005
Location: HY
Programs: AA-EXP (3.3MM), AAirpass, SQ-PPS Solitaire, DL-PM (.777MM), SPG-Plat, HH-D
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Originally Posted by Matt-KC
Yes, you can transfer out with no issue...unless you have over $100,000 there in which case additional paperwork would be necessary.
Not the case per se. FDIC can insure up to 600,000 based on account structure.
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