With so much of the U.S. economy hanging in the balance, where do the Presidential candidates weigh in federally insured limits on bank-deposit accounts?

According to a recent MarketWatch article, Both Senators Obama and McCain are calling for "a raising of federally insured limits on bank-desposit accounts in an effort to reassure voters that their funds are safe." The limit is proposed to be raised from $100,000 of FDIC coverage to $250,000.

This isn't the first time raising these limits has been suggested. Former FDIC Chairman William Seidman noted he suggested raising it 10 years ago.

And with recent bank failures, such a Washington Mutual, this is an issue all consumers need to take note of. If a bank if unable to meet is obligations to depositors -- then the FDIC steps in. But are you fully covered?

All consumers should verify that their money is insured -- fully -- by the FDIC.