Why check if your bank is FDIC-insured?
The Federal Deposit Insurance Corporation (FDIC) is an independent U.S. government agency that protects deposits if an insured bank fails. Since the FDIC began in 1934, no depositor has lost a penny of insured funds.
This tool searches the official FDIC BankFind database of active insured banks. Each result links to the bank's full FDIC record.
How to protect more than $250,000
- Spread money across different FDIC-insured banks.
- Use different ownership categories, such as single, joint and certain retirement accounts, which are insured separately.
- Ask your bank about programs that place deposits across several banks.
Frequently asked questions
Is my money safe in an online bank?
If the online bank is FDIC-insured, your deposits have the same protection as at any other insured bank, up to the limits. Search its legal name above.
Are credit unions FDIC-insured?
No. Federally insured credit unions are covered by the National Credit Union Administration (NCUA), with the same $250,000 standard limit.
Does FDIC insurance cover investments?
No. Stocks, bonds, mutual funds, crypto assets, annuities and life insurance are not covered by FDIC insurance, even if bought through a bank.