FDIC Deposit Insurance Coverage Limits by account ownership category Single Accounts owned by one person $250,000 per owner
Joint Accounts owned by two or more persons $250,000 per co-owner
Irrevocable Trust Accounts $250,000 for the non-contingent, ascertainable interest of each beneficiary
Government Accounts $250,000 per official custodian (more coverage available subject to specific conditions)
Revocable Trust Accounts $250,000 per owner per beneficiary up to 5 beneficiaries (more coverage available with 6 or more beneficiaries subject to specific conditions and requirements) Corporation, Partnership and Unincorporated Association Accounts $250,000 per corporation, partnership or unincorporated association)
FDIC Deposit Insurance Coverage Limits by account ownership category Single Accounts owned by one person $250,000 per owner
Joint Accounts owned by two or more persons $250,000 per co-owner
Irrevocable Trust Accounts $250,000 for the non-contingent, ascertainable interest of each beneficiary
Government Accounts $250,000 per official custodian (more coverage available subject to specific conditions)
Revocable Trust Accounts $250,000 per owner per beneficiary up to 5 beneficiaries (more coverage available with 6 or more beneficiaries subject to specific conditions and requirements) Corporation, Partnership and Unincorporated Association Accounts $250,000 per corporation, partnership or unincorporated association)
FDIC Deposit Insurance Coverage Limits by account ownership category Single
Accounts owned by one person $250,000 per owner
Joint Accounts owned by two or more persons $250,000 per co-owner
Irrevocable Trust Accounts $250,000 for the non-contingent, ascertainable interest of each beneficiary
Government Accounts $250,000 per official custodian (more coverage available subject to specific conditions)
Revocable Trust Accounts $250,000 per owner per beneficiary up to 5 beneficiaries (more coverage available with 6 or more beneficiaries subject to specific conditions and requirements) Corporation, Partnership and Unincorporated Association Accounts $250,000 per corporation, partnership or unincorporated association)
Minimum amount of deposit is now USD 25,000
Minimum age of the primary applicant should be 60 years and above on the date of the application.
