Some deposit accounts offer FDIC protection beyond the standard $250,000 limit. CNBC Select explains what you need to know.
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 ...
Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...
Do you have more than a quarter-million dollars in your bank account? If not, you’re among the majority of Americans whose deposits are fully insured by the federal government. Should your bank go ...
An account-sharing service designed to extend the limits of government deposit insurance has doubled its coverage to $10 million for a single customer by expanding the number of participating banks.
There are plenty of ways that lawmakers could help community bankers. Raising federal deposit insurance limits by a factor of 40 isn't one of them, writes Jill Castilla, of Citizens Bank of Edmond.