Many high-yield savings accounts offer interest rates higher than the national average. Find the best high-yield savings ...

These accounts are federally insured for up to $250,000 per account owner, per financial institution, per ownership category ...

Our rating: False. Most bank accounts are part of a federal insurance program that insures up to $250,000 per customer. No consumer with an account insured under the program in its 90-year history ...

The Federal Deposit Insurance Corp. is an independent government agency protects against loss of deposit at many ... Eligible bank accounts are insured up to $250,000 for principal and interest.

The majority of money market accounts are with federally insured banks and credit unions. You can use the FDIC’s BankFind Suite to confirm that your bank is FDIC insured.

But federally insured accounts remain safe. April 23, 2025. 5 min. Summary ... The standard coverage is $250,000 per depositor, per insured bank, for each account ownership category.

FDIC insurance covers up to $250,000 on individual deposit accounts in the event that the bank fails. That’s why many people prefer to keep their bank account balances under $250,000 .

Joint bank accounts have more federal insurance coverage than individual accounts. Co-owners receive as much coverage as they would in an individual account, $250,000.

Accounts with a bank are insured by the Federal Deposit Insurance Corp. (FDIC), while credit union accounts are insured by the National Credit Union Administration (NCUA).

Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

Deposit at least $4,000 and maintain a $25 balance at this high-yield savings account at BrioDirect, an online brand of Stamford, Connecticut-based Webster Bank, and you’re eligible for 5.35% APY.