Keep in mind there are legal and tax implications of a joint bank account, so understand how a joint bank account works. FDIC ...

When you open a deposit account, such as a savings or checking account, you may see a notice stating the account is FDIC-insured. The Federal Deposit Insurance Corporation (FDIC) is an ...

Here's how it works and what it does -- and doesn't -- cover. FDIC insurance is insurance on deposit accounts. Other financial accounts, such as investment accounts, don't qualify for coverage.

To learn how this works with insured bank products, I spoke with Washington, D.C.-based Martin Becker, chief of Deposit Insurance at the FDIC. “Deposits are insured for up to $250,000 per ...

Beyond insuring the money held in accounts, the FDIC works to establish a sense of public trust, redundancy, and stability in the U.S. financial system. Although the FDIC protects each depositor ...

With CDARS, you can access millions of dollars of FDIC coverage on your CDs. The way it works is you invest your money with a CDARS network member and the money is divided into CDs issued by ...

Nonbanks that work with FDIC-insured partners typically disclose how pass-through insurance works in the fine print on their website or in the terms and conditions. Stay away from those that make ...

CNBC Select explains how the increased FDIC protection works and recommends several accounts offering it to depositors. For most savers, the standard FDIC limit of $250,000 is more than enough to ...

Damian Davila is a personal finance writer and marketing specialist. He also has 10+ years of experience as a GMAT instructor. Robert Kelly is managing director of XTS Energy LLC, and has more ...

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 ...