|The Federal Deposit Insuranve Corporation is an independent agency of the United States Government.
The FDIC protects you against loss of your deposits if an
FDIC-insured bank or savings association fails. The standard
deposit insurance amount is $250,000 per depositor, per insured
bank, for each account ownership category.
The FDIC provides
separate insurance coverage for funds depositors may have in
different categories of legal ownership. The FDIC refers to
these different categories as "ownership categories." This means
that a bank customer who has multiple deposits may qualify for
more than $250,000 in insurance coverage if the customer's
accounts are deposited in different ownership categories and the
requirements for each ownership category are met.
If you have more than $250,000 on deposit in the bank, you may have more or less deposit insurance coverage than you think.
Use the EDIE Online link below to calculate your FDIC insurance