Learn what the FDIC is, how it protects your bank deposits, and why it's important for U.S. banks. We also cover what you need to know about the FDIC.

Cory Frank, certified financial advisor (CFA), co-Founder and CEO of Robora Financial, explained that the FDIC insures deposits up to $250,000 per depositor, per account category, per bank at member ...

“Deposits are insured for up to $250,000 per depositor, per account ownership category, per FDIC-insured bank ... the retirees who prefer to bank in person, you have some options.