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On October 3, 2008,
FDIC deposit insurance temporarily increased from $100,000 to $250,000 per
depositor through December 31, 2009.
Basic FDIC Deposit
Insurance Coverage Limits*
|
Single Accounts (owned by one person) |
$250,000
per owner |
|
Joint Accounts (two or more persons)
|
$250,000
per owner |
|
IRAs and certain other retirement accounts |
$250,000
per owner |
|
Trust Accounts |
$250,000
per owner per beneficiary subject to specific limitations and
requirements. |
*See this document for
more information and the complete announcement.
FDIC Coverage |
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