On May 23rd, 2009, FDIC (Federal Deposit Insurance Corporation) Deposit insurance coverage was extended until December 31st, 2013.
The coverage amount is $250,000 per depositor for Single, Joint, and Trust Accounts through December 31, 2009.
| Account Type | FDIC Limit |
|---|---|
| Single Accounts (owned by one person) | $250,000 per owner |
| Joint Accounts (two or more persons) | $250,000 per co-owner |
| IRAs&certain other retirement accounts | $250,000 per owner |
| Trust Accounts | $250,000 per owner per beneficiary |
| Single Accounts (owned by one person) | $250,000 per owner |
