Deposits in a savings account in a federally recognized banking institution are insured by the F.D.I.C. (Federal Deposit Insurance Corporation). Piggy banks hidden in a closet do not count. :-)
Any bank can give you information about FDIC insured savings accounts. Most deposit accounts are insured. Check at your local bank or online to see if there is a fee involved.
everbank.com
$250.00
$250,000
$250.00
Any bank can give you information about FDIC insured savings accounts. Most deposit accounts are insured. Check at your local bank or online to see if there is a fee involved.
everbank.com
Yes, many savings vehicles, such as bank savings accounts and certificates of deposit (CDs), are typically insured by the Federal Deposit Insurance Corporation (FDIC) in the United States, up to $250,000 per depositor, per insured bank. This insurance protects your deposits in case the bank fails. However, investment accounts like stocks or mutual funds are not insured by the FDIC. It's important to check the specific protections associated with any savings vehicle you choose.
All types of traditional bank accounts such as checking accounts, savings accounts, CDs (Certificates of Deposit), etc. are insured by the FDIC.
Savings
$250.00
$250,000 A+
$250,000
$250,000
$250.00
$250.00
$250,000