Let’s say you have $300,000 in a single savings account – the FDIC would immediately guarantee your first $250,000, but the remaining $50,000 would be considered uninsured.

However, whether all of your deposits are FDIC-insured depends on how many accounts you have at the same bank, the ownership type and your account balances. FDIC insurance coverage is applied per ...

By spreading funds among multiple FDIC-insured banks, you can insure all of your funds beyond the FDIC's $250,000 limit. So, say you receive a $325,000 inheritance.

Spreading your money between different FDIC-insured banks is another way to keep your cash protected. If you had $300,000, you might keep $200,000 in one bank and $100,000 in a different FDIC ...

The FDIC in effect becomes the “receiver” of the bank that has failed. Its tasks include selling or collecting assets, settling debts, and managing the insured deposits.

FDIC newsletter: FDIC's summer 2008 quarterly newsletter FDIC Consumer News explains "how to get a good night's sleep with FDIC insurance." It also includes an "FDIC-Insured Depositor's Bill of ...

CDs are a low-risk investment in terms of volatility, as long as your account is FDIC-insured. However, the downside is that you won’t experience huge yields, so they’re not designed for long ...

If you're still not sure how much insurance coverage you have, read the FDIC brochure "Your Insured Deposit." You can get a free copy from the FDIC Public Information Center (801 17th St. NW, Room ...