https://www.depositaccounts.com/b...dia-il.htm
Thanks!
Given their significance, U.S. regulators have a say in supervision. Do realize though, that the regulations they must comply with depend on much, like whether its U.S. units are chartered in the U.S. or overseas. That’s something you should be sure to know before you put your money in that bank.. The article is actually a bit unclear, it talks about things you better know before you get involved, but it never quite says whether FDIC insurance covers regardless. I think FDIC insurance does cover regardless, but if so, I don't know why the warning about "some" supervision, and that you better know where it is chartered, and the other details in the article -- it warns but doesn't make it clear why.
DepositAccounts.com, through an email interview, asked Corder to sort through the jargon and answer possible concerns you might have. For example, if you open a CD at one of these banks, even if it is FDIC insured are they any risks compared to a domestic bank with a domestic parent company? "FDIC-insured is FDIC-insured. It doesn’t matter whether the parent is domestic or foreign," says Corder.