Understanding Deposit Insurance from the FDIC
Federal deposit insurance goes to the heart of the FDIC’s mission: to promote confidence and stability in the nation’s financial system. FDIC deposit insurance enables consumers to confidently place their money at thousands of FDIC-insured banks across the country, and is backed by the full faith and credit of the United States government. Since the founding of the Federal Deposit Insurance Corporation in 1933 no depositor has lost a penny of FDIC-insured funds.
The FDIC has prepared videos and brochures to help consumers, bankers, and even bank employees understand how deposit insurance works, the accounts covered by deposit insurance, and how to calculate insurance coverage.
Deposit Insurance Coverage Overview
DEPOSIT INSURANCE AT A GLANCE (FDIC.gov)
YOUR INSURED DEPOSITS (FDIC.gov)
FDIC Electronic Deposit Insurance Estimator