For example, three savings accounts at the same ... If you want to spread your money around to expand your FDIC coverage, ...

where you have to pursue and pay for coverage, the simple act of opening a deposit account at an FDIC-insured bank or financial institution automatically covers your deposits. Here are examples of ...

In this example, $250,000 is covered by the FDIC, but $41,200 is uninsured. Keep in mind that coverage is applied per owner. A single owner is covered up to $250,000, but joint bank accounts may ...

As mentioned, FDIC coverage applies per depositor and per ownership category. Keeping money in different ownership categories lets you qualify for additional coverage. For example, if you open a ...

For example, if you own an account jointly ... in much the same way the FDIC covers bank accounts. And, as with FDIC coverage at banks, your credit union money may be insured for more than ...

Insurance coverage for these types of accounts will depend on where funds are allocated. Money held in a business savings or money market account, for example, will have be FDIC insured ...

The FDIC was formed in 1933 and offers coverage to more than 5,000 institutions ... protects assets held in brokerage accounts. For example, if you've set up an online brokerage account or you ...

For example, if a corporation has a checking ... $50,000 to another bank for those funds to be eligible for FDIC coverage. Deposits in personal accounts from owners or members of a corporation ...

Additionally, the final rule clarifies the FDIC's regulatory approach to instances where institutions misrepresent deposit insurance coverage. The final rule provides examples of scenarios where ...

The coverage is automatic and free, and there are no fees or forms to fill out. But there’s more to the story. Not all CDs are FDIC-insured. For example, the FDIC does not insure credit union CDs.