Which agency of the Federal government insures deposits up to $100,000 in virtually all U.S. banks?

Question

Quizplus · Accepted Answer

The Federal Deposit Insurance Corporation (FDIC) insures deposits up to $250,000 per depositor, per insured bank, for each account ownership category. The information about the $100,000 limit is outdated; the standard insurance amount was permanently raised to $250,000 per depositor, per insured bank, for each account ownership category in 2010.

Which Agency of the Federal Government Insures Deposits Up to $100,000