FDIC Insurance Coverage
Permanently Raised to $250,000
The FDIC has permanently raised the current standard maximum deposit insurance amount to $250,000. The previous standard maximum insurance amount of $100,000 had been temporarily raised to $250,000 until December 31, 2013. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
Click here for more information from the FDIC
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