The NCUA manages the National Credit Union Share Insurance Fund (NCUSIF), which guarantees your credit union deposits with the full backing of the U.S. government. Congress established the NCUSIF in ...
The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...
Once a savings account crosses $250,000, the number on the screen stops being just a milestone and starts to determine how much of that money is actually protected. The federal insurance system, bank ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...
The Independent Community Bankers of America, the trade association that markets itself as The Nation's Voice for Community Banks, is officially supporting the newest legislation to expand federal ...