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 ...

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 ...

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 ...