The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...

Both protect your deposits, but at different types of institutions Michelle Lambright Black is an expert on credit reporting, credit scoring, identity theft, budgeting, debt eradication, and the ...

Most certificates of deposit (CDs) are insured by the Federal Deposit Insurance Corporation (FDIC) if they’re issued by a member bank. That means your money is protected up to $250,000 per depositor, ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, ...

Four years ago, Lauren Scott was scrolling through TikTok when she saw a video from EcommJess, a personal finance influencer with 750,000 followers, promoting Yotta Savings, a fintech app offering a ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...