News

The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...
Consultant and FDIC vet Bob Hartheimer has taken the reins at Evolve Bank & Trust and aims to “restore trust” in the ...
The standard deposit insurance coverage limit, as offered at banks that are members of the Federal Deposit Insurance Corp. (FDIC), is $250,000 per depositor, per bank, per ownership category.
FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured ...
Deposit insurance has increased in fits and starts over the years, mostly recently to $250,000 during the financial crisis of 2008 from the prior level of $100,000, where it had remained since 1980.
You can use the FDIC’s Bank Find website, call the agency at 1-877-275-3342 or look for official FDIC signage at banking locations. Nearly all U.S. banks are insured by the FDIC, but there’s ...
The FDIC is a government agency that was created during the Great Depression. The sudden collapse of two regional U.S. banks in three days has some Americans wondering if their bank could be next ...
The maximum amount per account — $250,000 — that the Federal Deposit Insurance Corp. will guarantee is too small. The swift failures this spring of Silicon Valley Bank, Signature Bank and ...
In the wake of the Silicon Valley Bank collapse, some lawmakers have floated raising the Federal Deposit Insurance Corporation's deposit insurance cap of $250,000 if another catastrophic bank ...
What does the FDIC protect? The agency's standard insurance amount is $250,000 "per depositor, per insured bank, for each account ownership category," the FDIC said on its website.
The FDIC insurance limit of $250,000 includes principal and interest. If you deposit $250,000, and it earns $4,000 in interest, you are insured for only $250,000 if your bank fails.