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Re: Computerbux post# 67380

Tuesday, 05/05/2020 11:07:47 PM

Tuesday, May 05, 2020 11:07:47 PM

Post# of 73938
That makes some sense given GRN Funds is their parent company, and they apparently write checks for PBC in certain cases. It's pretty much a given PBC invests with GRN Funds. But it's a little confusing since PBC or Pacific Processing itself is not FDIC insured, right? I didn't think MRB funds were eligible. So, only the accounts they transfer deposits to are insured, not the clients specifically?