FDIC Coverage Calculator
Understand how FDIC deposit insurance protects your accounts across different ownership categories
Educational Tool Only
This calculator provides general educational information about FDIC coverage. It is not financial advice and should not be relied upon for deposit decisions. Actual coverage depends on specific account structures and FDIC rules. Consult your bank or the FDIC directly for definitive coverage information.
Enter Account Balances
Enter your deposit amounts by ownership category at a single FDIC-insured bank
Accounts owned by one person with no beneficiaries designated
Accounts owned by two or more people. Each co-owner receives $250,000 coverage.
Self-directed retirement accounts are insured separately from other deposits
Coverage based on number of unique beneficiaries (up to $250,000 per beneficiary)
Corporations, partnerships, and unincorporated entities have separate coverage
Coverage Summary
Official Resources
Understanding FDIC Deposit Insurance
The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects depositors against the loss of their insured deposits if an FDIC-insured bank fails. FDIC insurance is backed by the full faith and credit of the United States government.
The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. This means you can potentially have more than $250,000 of coverage at one bank if you have accounts in different ownership categories.
Coverage is automatic when you open a deposit account at an FDIC-insured bank. No application is required and no premium is charged to depositors.