With up to $250,000 in coverage per depositor, per FDIC-insured bank, per ownership category, it’s important for individuals and businesses to understand the limits and guidelines of this insurance.

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.

Revised Coverage Limits for Trust Accounts Under the updated rules, trust deposits are now capped at $1.25 million in FDIC coverage per trust owner per insured depository institution.

You can also visit the Electronic Deposit Insurance Estimator or call the FDIC Call Center at (877) 275-3342 (877-ASK-FDIC). For the hearing impaired, call (800) 877-8339.

Or, call the FDIC at 877-ASK-FDIC (877-275-3342) and ask to speak with a deposit insurance specialist. They will be happy to let you know whether your bank provides the coverage you need.

Basic insurance coverage is $100,000 per depositor per insured institution, but individuals may qualify for more than $100,000 in coverage at one insured bank if they own deposit accounts in ...

Learn how FDIC insurance protects business accounts, what types of accounts are covered, and the coverage limits to secure your business funds. The Federal Deposit Insurance Corporation (FDIC ...

The FDIC insurance limits are not per account, but rather per depositor. The standard FDIC insurance coverage is up to $250,000 per depositor, per institution, per ownership category.

If you deposited $250,000 into each category, your FDIC insurance coverage would amount to $3.5 million. As some categories provide coverage in excess of $250,000, the theoretical insurance amount ...

Consequently, investors with $250,000 in a revocable trust and $250,000 in an irrevocable trust at the same bank may have their FDIC coverage reduced from $500,000 to $250,000, according to Tumin.

2. Open an account in a different ownership category If you want to keep all your money in one FDIC-insured bank, you may be able to insure deposits of more than $250,000 by opening different ...