Fdic Insurance Limits 2019

If you have a joint account with say a spouse your limit is combined so 500000.

Fdic insurance limits 2019. Deposits held in different ownership categories are separately insured up to at least 250000 even if held at the same bank. The standard deposit insurance coverage limit is 250000 per depositor per fdic insured bank per ownership category. In other words if you have a personal checking account a personal savings account a joint checking account and a cd at your bank each of those accounts is automatically insured up to 250000. You can increase your fdic insurance limits from 250000 to 1250000 if you utilize a payable on death designation.

The standard insurance amount is 250000 per depositor per insured bank for each account ownership category. The fdic provides separate coverage for deposits held in different account ownership categories. What is the fdic insurance limit. This applies to both principal which is the money that you have deposited in your account and any money that youve earned as interest since depositing your money.

The general rule is that the fdic covers 250000 per depositor per fdic insured bank per ownership category. If you have 200000 in an account that has earned 5000 the full 205000 is insured since it does not exceed the 250000 limit.