Savings

FDIC Insurance

Federal Deposit Insurance Corporation coverage that protects bank deposits up to $250,000 per depositor, per bank. Credit unions have similar protection through NCUA.

Related Terms

Certificate of Deposit (CD)

Related Calculators

Savings Goal Calculator
Compound Interest Calculator

Understanding FDIC Insurance

FDIC Insurance is a key concept in savings. Understanding this term helps you make more informed financial decisions. Use our related calculators above to see how fdic insurance affects your specific situation.