In U.S. banking, FDIC insurance generally covers $250,000 per depositor, per insured bank, per ownership category.
The Federal Deposit Insurance Corporation protects covered deposits at FDIC-insured banks if a bank fails. The standard limit applies separately by ownership category, such as single accounts, certain joint accounts, and some retirement accounts. Deposits at different insured banks may also receive separate coverage.
Covered deposit products generally include checking accounts, savings accounts, money market deposit accounts, and certificates of deposit. Securities, mutual funds, cryptocurrencies, and losses caused by market prices are not FDIC-insured deposits, even if purchased through a bank.
The $250,000 figure is a coverage limit, not a guarantee that every financial product sold by a bank is protected. Depositors can use the FDIC’s official tools and account-ownership rules to estimate coverage.