answersLogoWhite

0


Best Answer

tions below:

Aone dollarBtwo dollarsC$100,000D$1,000,000

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: The fdic basically insures bank deposits to what amount?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which federal agency insures bank deposits?

federal reserve


The FDIC insures bank deposits up to how much per deposit?

The FDIC insures deposits up to $250,000 per depositor in any bank. However, some account types are covered differently in many cases.


What agency insures bank deposits how much money is insured?

It differs from country to country. For ex: in USA FDIC insures all customer deposits. All deposits of upto USD 250,000 is insured/guaranteed by the FDIC. Similarly in India the RBI insures all deposits. All deposits of upto Rs. 1,00,000/- is insured by the RBI.


The federal deposit insurance corporation insures bank deposits up to how per deposit?

100,000


What does the federal deposit insurance corporation?

Insures bank deposits up to $100,000. Go to FDIC.gov


The Federal Deposit Insurance Corporation insures bank deposits up to per deposit?

$100,000This is sort of complicated. Per www.fdic.gov:"The basic insurance amount is $250,000 per depositor, per insured bank."The $250,000 amount applies to all depositors of an insured bank."Deposits in separate branches of an insured bank are not separately insured. Deposits in one insured bank are insured separately from deposits in another insured bank."Deposits maintained in different categories of legal ownership at the same bank can be separately insured. Therefore, it is possible to have deposits of more than $250,000 at one insured bank and still be fully insured."


What is the maximum amount of bank guarantee?

The maximum amount the FDIC insures is $275,000.


The federal Deposit Insurance Corporation insures bank deposits up to how much per deposit?

100,000


What does it mean if a bank is insured by the FDIC?

It means that your deposits are insured or safe-kept by the FDIC. FDIC insures upto $250,000 of your deposit in your bank. So, lets say you have $50,000 in your bank account and the bank just declared bankruptcy. The FDIC will give you the $50,000 you had your bank account. Lets say I had $500,000 in my bank account. In that case I will get only $250,000 because FDIC insures only upto that amount per customer account per bank.


What do the Federal Deposit Insurance Corporation do?

The FDIC is a quasi-government entity that insures bank deposits. There exists a maximum to which deposits are insured, and the "coverage" is triggered when a bank becomes insolvent. It is not an insurance company in the common sense of that term.


What did congress establish to insure bank deposits?

The Federal Deposit Insurance Corporation (FDIC).


which are the safest banks in Littleton or Westford?

Every bank in the US is safe. The Federal Deposit Insurance Corporation insures all deposits up to $100,000. If your bank goes out of business, the FDIC will send you a check for the total value of your deposits within 30 days.