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Similar to the FDIC, the NCUA is a government agency that protects money in accounts at credit unions. The NCUA has similar rules and processes to the FDIC, including the limits on how much of a ...
Use multiple banks Perhaps the most obvious way to get around the FDIC's insurance limit is to use more than one financial institution. For example, if you have $400,000 in a savings account, you ...
FDIC limits don’t change often. But after more than a decade of the FDIC deposit insurance amount being up to $250,000 per depositor, per FDIC-insured bank per FDIC ownership category ...
FDIC deposit insurance limit could bump up to $250,000 By ABC News September 30, 2008, 7:46 PM ...
The Canada Deposit Insurance Corporation was established in 1967. Initially, it provided a maximum of $20,000 of coverage for eligible deposits. That number has increased over time.
TORONTO (Reuters) -Canada's bank deposit insurer is reviewing deposit insurance limits to safeguard the country's financial system, the head of the Bank and Trust Companies Association said on Tuesday ...
A proposal to raise the Federal Deposit Insurance Corporation's $250,000 limit for protecting depositors' accounts should be considered, but any costs should be paid by the banks, not taxpayers, U.S.
FDIC insurance: Most banks are FDIC insured, but you can double check by looking on your bank's website. You can also use the FDIC's bank finder tool or call them at 1-877-275-3342.
There are some who see a need to increase Canadian deposit-insurance limits — including the Banks and Trust Companies Association (BATCA), which wrote to Finance Minister Chrystia Freeland about the ...