About 40,000 residents call the town home. Lancaster is part of the 26th U.S. Congressional District, the 59th New York State Senate District, the 143rd New York State Assembly and the 5th and 8th Erie County Legislative Districts. A five member Town Board administers all Town business and is presided over by the Town Supervisor. More Information.
Originally Posted by LB. Paypal is not a bank, however Paypal's funds are held in FDIC insured banks. However, to my knowledge the limit is 100,000 per account insured and I'm guessing they have more than that in their accounts. So in short, the money is not directly FDIC insured.
All DIF member banks are also members of the FDIC. Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). The combination of FDIC and DIF insurance provides customers of Massachusetts-chartered savings banks with full deposit insurance on all their deposit accounts.