The Electronic Deposit Insurance Estimator (EDIE) is a tool from the Federal Deposit Insurance Corp. ... meaning that up to $250,000 of the deposits in an account are protected by this insurance.

The Federal Deposit Insurance Corp. or FDIC, is a U.S. government agency that protects savings deposits up to at least $250,000 per depositor. If a bank has FDIC insurance, ...

In the rare case that a bank fails, a customer's money is protected as long as the bank is federally insured. A bank that’s federally insured is backed by the Federal Deposit Insurance Corp. (FDIC).

FDIC insurance covers up to $250,000 on individual deposit accounts in the event that the bank fails. That’s why many people prefer to keep their bank account balances under $250,000 .

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.

Key Points ・Not all credit unions are insured by the National Credit Union Administration (NCUA). Around 125 operate under private insurance. ・Ten states allow credit unions to opt for private ...

Section 29 of the Federal Deposit Insurance Act allows the FDIC to restrict brokered deposits at banks as well as restricting less-than-well-capitalized banks from accepting brokered deposits. The ...