FDIC deposit insurance is ________ per account.

Question

Quizplus · Accepted Answer

FDIC deposit insurance is currently $250,000 per account. This means that if your bank were to fail, your deposits up to $250,000 would be insured by the FDIC. It is important to note that this insurance limit applies per account ownership category, such as individual accounts, joint accounts, trust accounts, etc. So, if you have multiple accounts with the same bank, you may be able to increase your coverage by opening accounts with different ownership categories.

FDIC Deposit Insurance Is ________ Per Account