Mmastodon BusinessBanking first seen 2 d ago, last 2 d ago, peak #3

A refresher on how FDIC deposit insurance limits work

Original: A quick deposit insurance check: FDIC coverage is $250,000 per depositor, per insured bank, per ownership category. Spre

A reminder is circulating that the FDIC insures deposits up to $250,000 per depositor, per insured bank, per ownership category. Spreading money across banks and categories can extend protection. Not covered under the insurance are stocks, bonds, mutual funds, crypto holdings and the contents of safe deposit boxes.

Why now: People are revisiting deposit insurance basics amid ongoing concerns about banking safety

FDIC

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• A quick deposit insurance check: FDIC coverage is $250,000 per depositor, per insured bank, per ownership category. Spreading funds across banks and ownership categories can extend it. Not covered: stocks, bonds, mutual funds, crypto, safe deposit box contents. The FDIC EDIE… · greatawakeningreport

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