https://www.fdic.gov/resources/deposit-insurance/financial-products-insured/
FDIC insurance covers traditional deposit accounts, and depositors do not need to apply for FDIC insurance. Coverage is automatic whenever a deposit account is opened at an FDIC-insured bank or financial institution. If you are interested in FDIC deposit insurance coverage, simply make sure you are placing your funds in a deposit product at the bank.
The information below briefly describes the various deposit products offered, the FDIC ownership categories and their applicable insurance coverage limit. For more detailed information about your specific situation, you can use the Electronic Deposit Insurance Estimator (EDIE). You can also visit the FDIC Information and Support Center to submit a request for deposit insurance coverage information or call 1-877-ASK-FDIC (1-877-275-3342) to ask any other specific deposit insurance questions.
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For single account holders (for example, having 1 checking account plus 1 savings account), scroll down to "Single Account" at the FDIC website link and click on the right arrow, to reveal:
"A deposit account owned by one person, without named beneficiaries, including:
Checking accounts
Savings accounts
Money market deposit accounts"
linMcHlp wrote:
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Are My Deposit Accounts Insured by the FDIC?
https://www.fdic.gov/resources/deposit-insurance/financial-products-insured/
FDIC insurance covers traditional deposit accounts, and depositors do not need to apply for FDIC insurance. Coverage is automatic whenever a deposit account is opened at an FDIC-insured bank or financial institution. If you are interested in FDIC deposit insurance coverage, simply make sure you are placing your funds in a deposit product at the bank.
The information below briefly describes the various deposit products offered, the FDIC ownership categories and their applicable insurance coverage limit. For more detailed information about your specific situation, you can use the Electronic Deposit Insurance Estimator (EDIE). You can also visit the FDIC Information and Support Center to submit a request for deposit insurance coverage information or call 1-877-ASK-FDIC (1-877-275-3342) to ask any other specific deposit insurance questions.
- - - - - - - - - - - - - - - - -
For single account holders (for example, having 1 checking account plus 1 savings account), scroll down to “Single Account” at the FDIC website link and click on the right arrow, to reveal:
“A deposit account owned by one person, without named beneficiaries, including:
Checking accounts
Savings accounts
Money market deposit accounts”
Coverage Limit: All single accounts owned by the same person at the same bank are added together and insured up to $250,000.
“
Where do IRAs with CD’s within them fit into this?