Corrections

October 27, 1990

An article yesterday concerning insurance for bank accounts provided by the Federal Deposit Insurance Corp. should have noted that $100,000 worth of FDIC insurance applies only to four categories of accounts: 1)joint accounts;2)individual retirement accounts;3)trust accounts for children or grandchildren,up to $100,000 per beneficiary;and 4)the aggregate of all individual accounts held in one bank. Individual bank accounts would be entitled to more than $100,000 worth of FDIC insurance only if they were held in different banks.

The Sun regrets the errors.

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