As of January 2015, the Federal Deposit Insurance Corporation (FDIC) states an insurance limit of $250,000 per entity. The entity covered may be defined as an owner, co-owner, unique beneficiary, trust, plan participant, corporation, partnership, unincorporated association, or official custodian, ac
Find an FDIC insured bank by contacting the FDIC directly. The FDIC maintains an online index of insured institutions on its website or depositors can contact them by phone at 877-275-3342 for assistance.
The Federal Deposit Insurance Corporation insures all deposit accounts at any FDIC insured financial institution, including checking, savings, negotiable order of withdrawal and money market deposit accounts. Certificates of deposit, cashier's checks and bank issued money orders are covered as well,
As of January 2016, top FDIC-insured CD rates range from 1.05 percent for six-month CDs to 2.25 percent for five-year CDs, according to Nerd Wallet. Deposits of less than $1,000 can earn a maximum of 1.30 percent, and deposits of $50,000 or more can earn up to 2.45 percent.
The Federal Deposit Insurance Corporation insures deposits that are made to bank accounts and thrift institutions. The FDIC insures up to $250,000 per depositor, per bank account. The FDIC was created as an independent agency of the federal government in 1933.
FDIC is an acronym for Federal Deposit Insurance Corporation. The FDIC is a government agency, with a sole purpose to protect banking consumers by keeping the banking industry safe.
The maximum bank deposit insurance coverage for a single depositor with a single account is $250,000 as of 2015, reports the Federal Deposit Insurance Corporation. If a single depositor has multiple accounts in different ownership categories, the FDIC insures the accounts separately, so that each ac
The FDIC helps to insure and protect deposits at banks and financial institutions for a minimum of $250,000. The organization’s purpose is to preserve and promote public confidence in the banking systems throughout the U.S.
Capital One 360, which has taken over ING Direct accounts, states that deposits to its personal savings accounts are insured by the FDIC. Accounts insured by the FDIC include 360 Savings and Kids Savings Accounts.
In 2014, the Federal Deposit Insurance Corporation limit was $250,000 for each depositor, each insured bank and each category of account ownership, explains the FDIC. FDIC insurance coverage does not include annuities, mutual funds, stocks, bonds, life insurance policies or other financial services