100,000
Insures bank deposits up to $100,000. Go to FDIC.gov
100,000
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.
The FDIC insures deposits up to $250,000 per depositor in any bank. However, some account types are covered differently in many cases.
federal reserve
100,000
Insures bank deposits up to $100,000. Go to FDIC.gov
100,000
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.
Federal Deposit Insurance Corperation a dept. of the federal reserve that insures bank deposits up to 250,000 in the event of a bank run,pre 2009 recesion it was only insured up to 100,000
Federal Deposit Insurance Co. (FDIC)
The FDIC insures deposits up to $250,000 per depositor in any bank. However, some account types are covered differently in many cases.
FDIC - Federal Deposit Insurance Corporation
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.
Individuals can ensure that their savings are protected in the event of a bank failure by keeping their deposits within the limits of the Federal Deposit Insurance Corporation (FDIC) insurance coverage, which currently insures deposits up to 250,000 per depositor, per insured bank.
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.