@chopstickfury01 @Coscorrodrift lol it's always more complicated... — mimi · mimi10v3

May 16, 2023, 19:43 EDT

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@chopstickfury01 @Coscorrodrift lol it's always more complicated...

A screenshot of a webpage or document explaining FDIC deposit insurance coverage by ownership category, featuring a table with examples. The text is partially highlighted in yellow.

A screenshot of the FDIC website's 'Coverage Limits' page, with key sentences highlighted in yellow. The text explains that the standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category, and that separate coverage applies to different ownership categories.

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Reply · May 16, 2023@Coscorrodrift yeah it's $250K per bank, but you can spread accounts across banks and each is covered to that amount Reply · Jan 31, 2022@_djpn But, FDIC limit is so low...Reply · Jan 31, 2022@_djpn Sigh, per account *type* ... You can't just open a bunch and multiply the coverage, sadly Reply · Mar 15, 2022@__frye @puheenix How much to insure me against not making a $250K payment?