www.fdic.gov/deposit/deposits/dis/index.html
Reprintable Brochures FDIC Deposit Insurance Coverage The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC was established in 1933, no depositor has ever lost a single penny of FDIC-insured funds. FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. FDIC insurance does not cover other financial products and services that banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or securities. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for more coverage if they have funds in different ownership categories and all FDIC requirements are met.
The more you know about FDIC deposit insurance coverage, the safer your money. Depositors should understand their coverage limits and confirm that a financial institution is FDIC-insured. The FDIC sign, displayed at every FDIC-insured institution, is a symbol of confidence for depositors. FDIC Official Teller Sign There is no need for depositors to apply for FDIC insurance or even to request it; coverage is automatic, up to the insurance limits described above, whenever a deposit account is opened at an FDIC-insured bank or savings association. To learn more about the FDIC's insurance coverage rules and requirements, refer to the resources listed below.
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