FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured ...
Since the Federal Deposit Insurance Corporation was created, no bank account holder has lost any amount of insured cash. As of March 22, there are 5,626 FDIC-insured institutions in the United ...
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FAQ about bank safety and deposit insuranceUse the FDIC’s Electronic Deposit Insurance Estimator (EDIE) to calculate how much of your money is insured. The FDIC insurance limit of $250,000 includes principal and interest. If you deposit ...
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