Mary Young has a checking account in her name and a joint savings account with her husband at her bank.The maximum amount of deposit insurance she can have is $100,000.

Name: Mary Young has a checking account in her name and a joint savings account with her husband at her bank.The maximum amount of deposit insurance she can have is $100,000.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

The maximum amount of deposit insurance per depositor, per insured bank, for each account ownership category is $250,000 according to the FDIC.

Mary Young Has a Checking Account in Her Name and a Joint