U.S. government protection for bank deposits, up to $250,000 per depositor, per bank.
The Federal Deposit Insurance Corporation guarantees deposits at member banks up to $250,000 per depositor, per insured bank, per ownership category. If the bank fails, insured money is returned. It applies to checking, savings, money market deposit accounts, and CDs — but not to investments like stocks or mutual funds.
Spreading more than $250,000 across two insured banks keeps all of it FDIC-protected.