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.
Enter Your Zip Code to Connect with a Lawyer Serving Your Area. Currently, the basic FDIC insurance limit is $250,000 per depositor (account holder), per insured bank. This amount includes principal and accrued interest through the bank's closing date.Note that coverage is calculated per bank, not per account.or example, if you have a savings account with a $200,000 balance and a CD of $80,000, you would be uninsured for the $30,000 that exceeds the $250,000 limit. Even in community property states, deposit accounts in either the husband or wife's name alone are considered single accounts for FDIC insurance purposes.