The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...

Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...

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, ...

WASHINGTON, DC - AUGUST 18: The entrance to the Federal Deposit Insurance Corporation (FDIC) is seen on August 18, 2024, in Washington, DC. (Photo by J. David Ake/Getty Images) Banks aren’t in the ...

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 ...