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The standard deposit insurance coverage limit, as offered at banks that are members of the Federal Deposit Insurance Corp. (FDIC), is $250,000 per depositor, per bank, per ownership category.
The standard FDIC deposit insurance coverage limit is $250,000 per depositor, per FDIC bank, per ownership category. This means each depositor is insured to at least $250,000 at an FDIC-insured bank.
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 ...
FDIC-insured institutions are permitted to display a sign stating the terms of its insurance—that is, the per-depositor limit and the guarantee of the United States government. The FDIC describes this sign as a symbol of confidence for depositors. [ 52 ]
With joint accounts, the FDIC insurance covers up to $250,000 per co-owner — or $500,000. However, this limit applies to all joint accounts that you share at a bank.
What isn't changing is that the FDIC still insures up to $250,000 per depositor and per account category at each bank. Here's how that works: Say you have $250,000 in an individual savings account ...
The FDIC's standard insurance covers up to $250,000 per depositor, per bank, for every account ownership category.
Per FDIC, up to “$250,000 per depositor, per insured bank, for each account ownership category,” is safe at financial institutions that are insured in such a manner.