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.

All federally insured credit unions are required to display the official insurance sign in their advertising and offices. You can also find the sign at the bottom of their websites.

First Internet Bank claims American General owes $1.4 million on a life insurance policy used as loan collateral ...

Per bank means the insurance limit applies to each bank separately. So if you have $250,000 in Bank A and another $250,000 in Bank B, both amounts are fully insured.

FDIC insurance safeguards your bank deposits up to $250,000 per account type, but it has limitations. Learn how to maximize your protection, what's not covered, and why it matters for your ...

The FDIC insurance coverage limit at most banks is $250,000 per depositor, per bank, per ownership category. Ownership categories include single accounts, joint accounts and trust accounts.

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, it means your money is ...