18 - FDIC Insurance: Is My Money Really Safe?
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18 - FDIC Insurance: Is My Money Really Safe?
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In this episode, we answer one of the most fundamental questions in banking: is my money safe? This episode is a confidence-building deep dive into the protection that backs your deposits. We'll explore the history of the FDIC, explain exactly what's covered (checking, savings) and what's not (investments), and show you how the $250,000 insurance limit works and how you can get even more coverage at a single bank.
The FDIC’s Electronic Deposit Insurance Estimator (EDIE)
- https://edie.fdic.gov/
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