In the intricate landscape of finance, security reigns supreme. For astute business owners, the assurance of capital ...

To verify your coverage, visit EDIE online or call the FDIC directly at 877-ASK-FDIC (877-275-3342). Did you know?

With up to $250,000 in coverage per depositor, per FDIC-insured bank, per ownership category, it’s important for individuals and businesses to understand the limits and guidelines of this insurance.

If you have $250,000 or less deposited in a bank, the new changes will not affect you. How FDIC coverage of trust accounts has changed Under the new rules, trust deposits are now limited to $1.25 ...

The FDIC final regulations will, as of April 1, 2024, change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable trust the same ...

Revised Coverage Limits for Trust Accounts Under the updated rules, trust deposits are now capped at $1.25 million in FDIC coverage per trust owner per insured depository institution.

MaxMyInterest, for example, connects savers to banks where they could earn the highest interest rate, helping them open several accounts to increase FDIC insurance.

The FDIC on Thursday proposed an assessment that is equivalent to an annual charge of 0.125% of a bank’s uninsured deposits above $5 billion.