FDIC insurance calculator
FDIC insurance covers $250,000 per depositor, per bank, per ownership category, so the same person can be covered for far more than $250,000 at one bank by holding deposits in different categories. Enter your balances below to estimate what's covered and what isn't.
Two ways to close that gap: hold the balance in more than one ownership category at this bank, or move part of it to a second insured bank. Look up a bank's capital and safety profile before you move anything.
Educational estimate only. Not an official FDIC determination. Coverage depends on how each account is legally titled. For an authoritative figure, use the FDIC's own Electronic Deposit Insurance Estimator (EDIE) or ask your bank. BankRegReports is not affiliated with the FDIC.
How FDIC insurance works
The FDIC insures deposits at member banks up to the standard maximum of $250,000 per depositor, per insured bank, for each account ownership category. The categories are insured separately, which is why one person can be covered well beyond $250,000 at a single bank. FDIC insurance is backed by the full faith and credit of the United States government, and no depositor has ever lost a penny of FDIC-insured funds.
What FDIC insurance does not cover
FDIC insurance covers deposit products: checking, savings, money market deposit accounts, and CDs. It does not cover investment products, even when purchased through an insured bank: stocks, bonds, mutual funds, annuities, life insurance policies, and crypto assets are not FDIC-insured and can lose value. Balances above the applicable limits are uninsured.
How to increase your coverage at one bank
Because the limit applies per ownership category and per bank, you can raise coverage by spreading deposits across categories (for example, adding a jointly owned account or a properly titled trust account that names beneficiaries) or by holding deposits at more than one FDIC-insured institution. Titling and beneficiary designations, not the calculator, ultimately determine coverage, so confirm the details with your bank.
FDIC insurance questions, answered
How much does FDIC insurance cover?
The standard FDIC insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. That means one person can be insured for well beyond $250,000 at a single bank by holding deposits across different ownership categories: for example single, joint, and certain retirement accounts are each insured separately up to $250,000.
What are FDIC ownership categories?
Ownership categories are the legal ways a deposit can be held, and each is insured separately up to $250,000 at the same bank. The common categories are single accounts, joint accounts, certain retirement accounts (such as IRAs), trust accounts, employee benefit plan accounts, business/organization accounts, and government accounts. Joint accounts are insured up to $250,000 per co-owner. Since April 1, 2024, revocable and irrevocable trust deposits share one trust accounts category (12 CFR 330.10), insured up to $250,000 per owner for each eligible beneficiary, to a maximum of $1,250,000 per owner at each bank (five or more beneficiaries).
Is money at a bank ever uninsured?
Yes. Balances above the applicable limits are uninsured, and the FDIC does not insure investment products (stocks, bonds, mutual funds, annuities, life insurance, or crypto assets) even when bought through an insured bank. FDIC insurance covers deposit products such as checking, savings, money market deposit accounts, and CDs.
How can I increase my FDIC coverage at one bank?
Spread deposits across different ownership categories (for example add a joint account or a properly titled revocable trust naming beneficiaries), or hold deposits at more than one FDIC-insured bank, since the $250,000 limit applies per bank. Titling and beneficiary designations determine coverage, so confirm account structure with the bank.
Is this calculator official?
No. This is an educational estimate to help you understand how the per-category limits work. For an authoritative calculation the FDIC provides its own tool, the Electronic Deposit Insurance Estimator (EDIE), and your bank can confirm how each account is titled and insured.
Check if your bank is FDIC-insured
Look up any US bank's FDIC certificate number, capital strength, and safety profile on BankRegReports.