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BMO bank scam victims say more needs to be done to protect depositsEvery BMO Alto deposit is backed by the Federal Deposit Insurance Corp. (FDIC). Choose from two types of products: an online savings account or online. Yes, all BMO Alto Online Savings Accounts are FDIC insured. Please visit ssl.loanshop.info for current deposit insurance limits. Deposits are insured by the FDIC up. The Alto site is % legit. I spoke to BMO agents who confirmed. It's a wholly separate site from BMO by design, on different banking platforms.
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