|Home > Deposit Insurance > Are My Deposits Insured? > Deposit Insurance Summary|
Deposit Insurance Summary
FDIC Deposit Insurance Coverage
The Federal Deposit Insurance Corporation (FDIC) is an independent agency
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 currently is $250,000 per depositor. The
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. (For details on the requirements, go to www.fdic.gov/deposit/deposits.)
The following chart shows standard insurance amounts for FDIC account ownership
categories. All deposits that an accountholder has in the same ownership
category are added together and insured up to the standard insurance amount.
The more you know about FDIC deposit insurance coverage, the safer your money.
To ensure funds are fully protected, depositors should understand their coverage limits and confirm that a financial institution is FDIC-insured.
The FDIC sign (shown below) is displayed at every FDIC-insured institution and is a symbol of confidence for depositors.
There is no need for depositors to apply for FDIC insurance or even to request it; coverage is automatic 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
For More Information from the FDIC
Calculate insurance coverage
Read more about FDIC insurance online
Send questions by e-mail
|Last Updated 08/06/2009||Online Customer Assistance Form|
|Home Contact Us Search Help SiteMap Forms
Freedom of Information Act (FOIA) Service Center Website Policies USA.gov
|FDIC Office of Inspector General|