The FDIC adds that “the standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.” For instance, if one depositor had multiple ...

The safest way to verify that your bank is FDIC-insured is to search for the institution using the FDIC BankFind tool. Or you can look for an FDIC insurance logo on the bottom of the website ...

Despite recent bank failures dominating the headlines, experts say there's no need to worry if your money is insured by the Federal Deposit Insurance Corporation (FDIC). Nearly all banks are ...

The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an ...

The simplest way to make sure your deposits of more than $250,000 are covered is to move any excess money into a new account at a different FDIC-insured bank. The FDIC insures up to $250,000 per ...

A: If your federally insured bank fails, the Federal Deposit Insurance Corporation seeks to keep your money safe. Specifically, the FDIC insures up to $250,000 per depositor, per institution ...

Unlike other types of insurance, where you have to pursue and pay for coverage, the simple act of opening a deposit account at an FDIC-insured bank or financial institution automatically covers ...

The FDIC helps with that. You may have noticed that bank advertisements typically include the phrase "FDIC-insured" or "member FDIC." That means federal deposit insurance will protect your money ...

In 1934, FDIC insurance was introduced. Since that time, there have been additional bank failures, yet no depositor has lost even one penny of insured deposits thanks to the guarantee that FDIC ...