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 Federal Deposit Insurance Corporation (FDIC) changed its deposit insurance coverage for some accounts effective April 1, 2024. The basic insurance limit of $250,000 per account still holds and ...

Both protect your deposits, but at different types of institutions Michelle Lambright Black is an expert on credit reporting, credit scoring, identity theft, budgeting, debt eradication, and the ...

Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during times of ...

Learn how FDIC insurance protects business accounts, what types of accounts are covered, and the coverage limits to secure your business funds. The Federal Deposit Insurance Corporation (FDIC) ensures ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, ...

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 ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...