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 ...

The standard FDIC deposit insurance amount is $250,000 per account holder. The basic FDIC insurance coverage limit is $250,000 per FDIC-insured account owner, meaning that up to $250,000 of the ...

But like any other entity, banks can fall on tough times. According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you ...