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$250,000.00

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Q: How much will the fdic insure money up to until 2013 at banks?
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Why does the FDIC place a limit on the amount of money it will insure?

As of 2013, the FDIC provides $250,000 worth of protection per depositor, per account. There is a limit because the purpose of the insurance is to encourage small depositors ("regular people," as opposed to the rich or huge corporations) to keep their money in banks. The main goal of the FDIC was to make sure that banks stay healthy, which can only happen if "regular people" have enough confidence to keep their money in the banks.


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