The interest payment may end up lost. How to handle accounts exceeding $250,000 While the FDIC website mentions the cap, it calls it an insurance limit of "$250,000 per depositor, per FDIC-insured ...

Opinions expressed by Forbes Contributors are their own. Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change how bank ...

even if purchased through an FDIC-insured bank: Of course, virtually every type of insurance has limits of coverage (how much will be paid in the event of a covered loss). To learn how this works ...

By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...

Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the ...

The FDIC will pay insurance to account holders with deposit accounts up to the insured limit. All of the best banks — in fact, most of the banks that are worth banking with — are FDIC-insured.

FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money ...