According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you trust that your money is safe in your bank? The FDIC helps ...

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.

The United States Federal Deposit Insurance Corporation (FDIC) logo appears on the screen of a smartphone, and in the background, the flag of the United States is on the computer screen.

What is the FDIC insurance limit? Federal Deposit Insurance Corp. (FDIC): Insures $250,000 per depositor, per bank, for each account ownership category. What it covers: checking, savings and money ...

If your federally insured bank fails, Federal Deposit Insurance Corp. insurance keeps your money safe. The FDIC insures up to $250,000 per depositor, per institution and per ownership category.