Most certificates of deposit (CDs) are insured by the Federal Deposit Insurance Corporation (FDIC) if they’re issued by a member bank. That means your money is protected up to $250,000 per depositor, ...
Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...
There are several organizations that have been set up to protect consumers' financial assets — the FDIC which covers deposits in banks and savings associations, the NCUA which does the same for most ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...