Vanguard Capital Offers Triple Protection for Customer Accounts | Market Digest

Vanguard Capital Offers Triple Protection for Customer Accounts | Market Digest: "Vanguard Capital offers clients three levels of insurance protection for personal, corporate, and qualified (retirement) accounts.

Vanguard Capital offers up to $50 million in FDIC insurance protection per account through the CDARS national certificate of deposit network. Through CDARS, individuals, corporations, partnerships, pension and profit sharing plans, and IRA accounts can receive $50 million in FDIC coverage, rather than the traditional $100,000 coverage. The higher FDIC coverage applies to certificates of deposit (up to a maximum of $100,000 per institution) placed with a network of 2,300 member banks located throughout the United States from which the client may choose."