Are segregated customer accounts insured?

I have some money at BAC in a futures account. Since it is in a segregated customer account, does anybody know if it is FDIC insured up to 250,000? It is the only money I have at BAC, if nobody knows I will contact my broker and report back.

 

I'm not an expert, however I believe that it is NOT insured, because it's in a futures account.

If it was in a BAC bank account, then it would be insured.

Having said that, I doubt that the US govt would let BAC customers lose any of their money.

 

BAC? dont worry, your money is as good as treasuries