The standard insurance amount is $250,000 per depositor, per insured bank, for each ownership category.
The following chart shows standard insurance amounts for FDIC account ownership categories. All deposits that an accountholder has in the same ownership category at the same bank are added together and insured up to the standard insurance amount.
Depositors may qualify for more coverage if they have funds in different ownership categories and all FDIC requirements are met (for details on the requirements, go to www.fdic.gov/deposit/deposits).
| Accounts | FDIC Deposit Insurance Coverage Limits |
|---|---|
| Single Accounts owned by one person |
$ 250,000 per owner |
| Joint Accounts owned by two or more persons |
$ 250,000 per co-owner |
| Certain Retirement Accounts includes IRAs |
$ 250,000 per owner |
| Revocable Trust Accounts | Please review FDIC’s website for information on insurance coverage for trust accounts. |
| Corporation, Partnership and Unincorporated Association Accounts | $ 250,000 per corporation, partnership or unincorporated association |
| Irrevocable Trust Accounts | Please review FDIC’s website for information on insurance coverage for trust accounts. |
| Employee Benefit Plan Accounts | $ 250,000 for the non-contingent interest of each plan participant |
| Government Accounts | $ 250,000 per official custodian (more coverage available subject to specific conditions) |
To calculate your deposit insurance coverage, use the FDIC’s Electronic Deposit Insurance Estimator (EDIE) at: www.fdic.gov/edie.
For questions about FDIC coverage limits and requirements, visit www.FDIC.gov/deposit/deposits or call toll-free 1-877-ASK-FDIC
