Ask the Lawyer columnist Ron Sokol discusses how the Federal Deposit Insurance Corporation seeks to keep your banking ...

Bank networks, such as IntraFi Network Deposits and Impact Deposits Corp., can help spread excess deposits across multiple ...

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

Discover the best no ChexSystems banks offering hassle-free business accounts. Compare features, fees, and perks to find your ...

A: If your federally insured bank fails, the Federal Deposit Insurance Corporation seeks to keep your money safe. Specifically, the FDIC insures up to $250,000 per depositor, per institution ...

per ownership category. FDIC insurance covers traditional bank deposit products from insured banks, such as checking and savings accounts, but doesn’t cover investments or payment providers such ...

The Canada Deposit Insurance Corporation (CDIC) may protect your money — up to $100,000 per eligible account ... it means that your financial institution is a CDIC member. Account balances ...

Up to $250,000 per depositor, per ownership category is safe in a money market account ... FDIC insurance by spreading your money across several banks, but not every financial institution does ...

2 SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC ...

To qualify, an account must be in good standing and have a positive balance, and account holders must receive at least one qualifying direct deposit of at least $200 per month for the last two ...