FDIC Insurance

FDIC Insures Your Deposits Up to $250,000

On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law. Part of this law permanently raised the current standard maximum deposit insurance amount to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

 

This video will help you understand the pertinent information for each type of qualifying account and how much coverage you can be eligible for. For more information about the FDIC standard maximum deposit insurance coverage, visit fdic.gov.

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