Under the FDIC, each depositor is insured to at least $250,000.

For a personalized estimate of your FDIC insurance coverage, please use the FDIC’s Electronic Deposit Insurance Estimator.

Here is a breakdown of the coverage limits:

• Single Accounts (owned by one person) $250,000 per owner
• Joint Accounts (two or more persons) $250,000 per co-owner
• IRAs and certain other retirement accounts $250,000 per owner
• Trust Accounts $250,000 per owner per beneficiary
• Subject to specific limitations and requirements

These deposit insurance coverage limits refer to the total of all deposits that an accountholder (or accountholders) has at each FDIC-insured bank. The listing above shows only the most common ownership categories that apply to individual and family deposits, and assumes that all FDIC requirements are met.

If you have questions about FDIC coverage limits and requirements, please visit my FDIC insurance.
The FDIC also provides a comprehensive description regarding insurance coverage in a section called Understanding Deposit Insurance.