Videos on Deposit Insurance Coverage

FDIC: The More You Know, The Safer Your Money


FDIC (logo)
The more you know, the safer your money.

If your money is 100% FDIC-insured, you cannot lose a penny, no matter what.

But, how do you know if your money is fully FDIC-protected?

First, know the types of accounts FDIC protects:

Know Your Accounts

FDIC insures deposit accounts such as

• checking
• savings
• money market deposit accounts
• CDs and certain retirement deposits.

Second: know the FDIC coverage amounts

Know Your Amounts

For deposit accounts, coverage limits have temporarily increased to $250,000 per account owner per bank.

And for covered retirement accounts, the limit remains $250,000 per account owner per bank.

Third: Use EDIE The Estimator at myFDICinsurance.gov

EDIE helps you figure out if your money is 100% FDIC-insured

Visit today myFDICinsurance.gov

FDIC (logo)
The more you know, the safer your money.