FDIC Coverage
Your deposits are protected at a higher level. The safest place for your money is still in the bank.
Safe. Protected. Insured.
You need to understand federal deposit insurance coverage limits to ensure that your funds are fully insured. The basic limits are below:
| Account Type | FDIC Coverage |
|---|---|
| Single Accounts (owned by one person) | $250,000 per owner |
| Joint Accounts (two or more persons) | $250,000 per co-owner |
| IRAs and certain other retirement accounts | $250,000 per owner |
| Trust Accounts | $250,000 per owner per beneficiary subject to specific limitations and requirements |
| Corporation, Partnership, or Unincorporated Association Account | $250,000 per corporation, partnership or unincorporated association |
| Government Account | $250,000 per official custodian |
