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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.
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 .
President Trump's administration appears to be reshaping the FDIC, potentially endangering the safety net for your bank ...
With the average savings account paying 0.38%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a ...
Another bank has failed—this time in Texas. You may not have seen it all over the news, but it’s the second U.S. bank to shut ...
Learn what the FDIC is, how it protects your bank deposits, and why it's important for U.S. banks. We also cover what you need to know about the FDIC.
To make the best choice for your money, be careful to avoid common mistakes when deciding to open a new money market account ...
In the wake of Silicon Valley Bank's collapse, some accounts have begun to offer up to $3 million of FDIC insurance coverage. 3 Accounts That Insure Excess Deposits ...
Learn which types of business accounts are insured by the FDIC, ... CD for another $150,000 at the same bank, the FDIC only insures $250,000 ... sources to support their work. These ...
A company offering a solution for business owners with higher account balances is Mercury Mercury is a fintech company, not an FDIC-insured bank. Checking and savings accounts are provided through ...
CIBC Bank USA offers competitive interest rates on savings and CDs, but these accounts work best for people who can deposit a substantial amount upfront. The best high-yield savings accounts pay ...