FDIC Deposit Insurance Coverage Limit

FDIC deposit insurance coverage limit of $250,000 per depositor* is now a permanent level of coverage. The basic FDIC coverage limits are:


Single Accounts (owned by one person): $250,000 per owner
Joint Accounts (two or more persons): $250,000 per co-owner
IRAs and other certain retirement accounts: $250,000 per owner
Revocable trust accounts (Payable-Upon-Death): Each owner is insured up to $250,000 for the interests of each beneficiary, subject to specific limitations and requirements.
Corporation/Partnership/Organization Accounts: $250,000


*These deposit insurance coverage limits refer to the total of all deposits that account holders have at each FDIC-insured bank. The listing above shows only the most common ownership categories that apply to individual, family, and business deposits, and assumes that all FDIC requirements are met.

Visit the FDIC's website at www.fdic.gov/edie/calculator to determine your deposit insurance coverage at any FDIC-insured bank.