FDIC Insured Account

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Dictionary Says

Definition of 'FDIC Insured Account'

An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation (FDIC). An FDIC Insured Account has to be in a bank that is a participant of the FDIC program. The different accounts that can be FDIC insured are NOW, checking, savings, Certificate of Deposits (CD) and money market deposit accounts. Accounts that do not qualify as FDIC insured accounts are safe deposit boxes, investment accounts (stocks, bonds, etc.) mutual funds, life insurance policies, etc.



  


Investopedia Says

Investopedia explains 'FDIC Insured Account'

If a depositor wants an FDIC insured account, it is important to make sure that the desired bank is a participant of the FDIC program. Banks that are participants of the FDIC, are required to display an official sign at each teller window or station where deposits are regularly received. The maximum dollar amount that is insured in a qualified account is $250,000 per bank. In other words, it is possible for a depositor to deposit $1 million in four different banks and each account will be fully insured.    


    


 
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'FDIC Insured Account'

  • Are all bank accounts insured by the FDIC?

    http://www.investopedia.com/ask/answers/08/fdic-insured-bank-account.asp
    ... The types of bank accounts insured by the FDIC include negotiable order of withdrawal
    (NOW ... These accounts are insured for up to $250,000 per account. ...

  • Are Your Bank Deposits Insured?

    http://www.investopedia.com/articles/pf/06/FDICinsurance.asp
    ... The FDIC uses the insured bank's deposit account records (ledgers, signature
    cards, CDs) to determine deposit insurance coverage. ...

  • Certificates Of Deposit: Introduction | Investopedia

    http://www.investopedia.com/university/certificate-of-deposit-cd/
    ... As of 2011, the FDIC insured up to $250,000 in a single account. ... The FDIC
    will only be required to cover $250,000 per insured account. ...

  • Certificates Of Deposit: Introduction | Investopedia

    http://www.investopedia.com/university/certificate-of-deposit-cd/default.asp
    ... As of 2011, the FDIC insured up to $250,000 in a single account. ... The FDIC
    will only be required to cover $250,000 per insured account. ...

  • 9 Tips For Safeguarding Your Accounts

    http://www.investopedia.com/articles/pf/08/account-protection.asp
    ... both FDIC insurance and DIF or SIF insurance, member banks can guarantee that their
    depositors' funds are fully insured. Once you open a deposit account with a ...

  • Who Backs Up The FDIC?

    http://www.investopedia.com/articles/economics/08/fdic-insurance-dif.asp
    ... (For more information on FDIC coverage, read Are Your Bank Deposits Insured?) The
    Recover Process When a bank fails, account holders get their funds back ...

  • Bank Failure: Will Your Assets Be Protected?

    http://www.investopedia.com/articles/stocks/08/sipc-fdic-bank-failure.asp
    ... Insurance Corporation (FDIC) insures deposits (cash and CDs) up to $250,000 (principal
    and interest) for each account holder in a federally insured institution ...

  • Handling High-Yield Savings Accounts

    http://www.investopedia.com/articles/pf/09/high-yield-savings-account.asp
    ... If the bank that you open the account with is an FDIC-insured bank then your
    funds are insured by the federal government for up to $250,000. ...

  • The 7 Best Places To Put Your Savings - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0810/The-7-Best-Places-To-Put-Your-Savings.aspx
    ... unions. The money in a savings account is insured by the Federal Deposit
    Insurance Corporation (FDIC) up to specified limits. Certain ...

  • The History Of The FDIC

    http://www.investopedia.com/articles/economics/09/fdic-history.asp
    ... for cash or a charge against a deposit account. The FDIC does not insure: Investments
    in stocks, bonds ... products even if purchased at an insured bank; Treasury ...

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