CDs are FDIC insured up to $250,000 per person, per bank. Find out how to ensure you'll get full FDIC insurance coverage when investing your money in a CD.

Thus, all deposits owned by a corporation, partnership, or unincorporated association (whether for-profit or nonprofit) at the same bank are added together and insured only up to a total of $250,000.

While the name is changing, Umpqua Bank announced in a written statement that it will not affect or change contracts current ...

Discover why bonds are not insured by the FDIC and learn about the risks associated with bond investing and the other methods to protect them.

The FDIC insures bank accounts for up to $250,000 per depositor, per ownership category, per bank. If a bank fails, insured deposits will be moved to another FDIC-insured bank or paid out.

You can check whether your bank is FDIC insured on the FDIC BankFind Suite webpage. Or, call the FDIC at 877-ASK-FDIC (877-275-3342) and ask to speak with a deposit insurance specialist.

Provided you use an FDIC-insured institution, your balance will be protected for up to $250,000. Talk to your current bank and shop around to find the best money market account for your needs.

The FDIC's quarterly banking report found that total deposits in U.S. banks declined as uninsured deposits were withdrawn even as insured deposits rose amid the banking crisis.

The Federal Deposit Insurance Corporation (FDIC) is at the heart of this issue, it was formed by the Emergency Banking Act of 1933. It was a response to bank failures during the great depression.

First Published: March 21, 2023, 3:01 p.m. ET Resize Listen (8 min) People line up outside of a Silicon Valley Bank office on March 13, 2023 in Santa Clara, Calif. Photo: Getty Images ...