Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

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 ...