Federal Deposit Insurance Corporation coverage protects your money at an insured bank up to $250,000 per depositor, per bank, per ownership category. That phrase is the one most people miss, and it is ...

The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...

The per depositor, per bank, per ownership category rule lets a married couple insure $1 million at one bank using just three accounts. Naming five beneficiaries on a revocable trust account pushes ...