Posted on October 10, 2008 by Greg Herman-Giddens

FDIC Bank Account Insurance Coverage Calculator

The recent Bailout law increased the FDIC insurance coverage for bank accounts to $250,000 per person, per bank.  However, different types of accounts, such as joint, POD, etc. affect how the coverage is calculated.  The FDIC provides this handy calculator to estimate the coverage available to you for your accounts at each bank.

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Dennis ANTONI - November 21, 2008 1:04 AM

I just want to know if my CD account isFDIC insured up to $ 250,000.00? and if you say it is,, how can I be sure you're being completely honest with me? I don't mean to be insulting in any way,, it's just that with so much turmoil
in todays market,, candid answers seem to be far removed from todays honest questions...

RESPONSE: This blog is meant to provide general information. If you would like to receive specific advice or assurances, I urge you to consult with an attorney.

Florida Process Servers - February 27, 2009 6:08 AM

I would have to 100% agreed with you on the topic of FDIC coverage. With this ever-changing economy no one knows what is going to happen. Clients are now more than ever concerned that their assets are protected in their bank. This article will help explain the FDIC questions that many of my clients already have.
Thanks for posting this one.

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