The FDIC provides deposit insurance to protect your money in the event of a bank failure. Your deposits are automatically insured to at least $250,000 at each FDIC-insured bank.

FDIC insurance exists to protect your deposited money if your bank collapses. Learn how it works and find out the coverage limits for your bank accounts.

Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. [5]

Jul 7, 2025 · FDIC protects consumers and their deposits if a bank fails. Here's what you need to know.

Oct 20, 2025 · Congress should not expand FDIC deposit insurance. The current FDIC limit is well above what the typical American holds. Congress should pare back FDIC insurance.

Jun 5, 2024 · Eligible bank accounts are insured up to $250,000 for principal and interest. The FDIC doesn't insure share accounts at credit unions, which the NCUA insures.

Mar 12, 2025 · What is FDIC insurance? The FDIC—short for the Federal Deposit Insurance Corporation—is an independent agency of the U.S. government that protects you against the …

Jul 25, 2025 · The FDIC insures bank deposits, so that if a bank fails, the FDIC ensures that depositors' money—up to a certain limit—is safe. The FDIC also plays a key role in …

FDIC insurance covers traditional deposit accounts, and depositors do not need to apply for FDIC insurance. Coverage is automatic whenever a deposit account is opened at an FDIC-insured …

Mar 13, 2023 · When it was established in 1933, some 4,000 banks had closed in the first few months alone. The FDIC is relying on one of its main tools — deposit insurance — to prevent …