Some deposit accounts offer FDIC protection beyond the standard $250,000 limit. CNBC Select explains what you need to know.

FDIC insurance protects up to $250,000 per depositor, per bank, per ownership category, leaving balances above that limit uninsured if a bank fails. While bank failures are rare, they can spike during ...

Spreading your money across institutions can boost how much of your savings are protected.

Business accounts are FDIC insured up to $250,000 per depositor, per institution, per ownership type. Many, or all, of the products featured on this page are from our advertising partners who ...

Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during times of ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Many banks offer money market accounts as a place to earn some interest on your money, with easy access to the funds when you need them. While a money market account comes with the perks of interest ...

The Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking (the Proposal) on September 17, 2024, that seeks to strengthen recordkeeping for bank deposits held by nonbank ...

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...