The Federal Deposit Insurance Corporation (FDIC) changed its deposit insurance coverage for some accounts effective April 1, 2024. The basic insurance limit of $250,000 per account still holds and ...

The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...

FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...

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 bank, ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, ...

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) ensures ...

The Federal Deposit Insurance Corp., which insures deposits to prevent runs on banks, doesn't get much attention outside of times like these. But amid heightened fears about the health of banks, ...