The catch is that DIF coverage is only available at fewer than 80 banks, and all are located in Massachusetts. Why Aren't FDIC Insurance Limits Higher? The FDIC set the $250,000 limit back in 2006 ...

While most banks, including online-only banks, offer FDIC insurance, it’s still important to confirm this coverage and make ...

However, your bank likely has other coverage and protections ... $250,000 of your cash deposits covered by insurance. If you want to deposit larger amounts, the key is to spread the money around ...

By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...

even if purchased through an FDIC-insured bank: Of course, virtually every type of insurance has limits of coverage (how much will be paid in the event of a covered loss). To learn how this works ...

Cross River Bank, a tech infrastructure provider that offers embedded financial solutions, announced the launch of its ...

The capability will enable Cross River’s Banking-as-a-Service (BaaS) clients to access millions in aggregate FDIC insurance coverage across network banks for their end customers, providing a ...

Cash management accounts typically have higher FDIC insurance coverage limits than you'd otherwise receive with a single bank account since your money is swept into partner bank accounts.