When Will the FDIC Insurance Limit Increase in 2025?
The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that provides deposit insurance to depositors in FDIC-member banks. The FDIC was created in 1933 during the Great Depression to restore confidence in the banking system and prevent bank runs. The FDIC’s deposit insurance covers up to $250,000 per depositor, per insured bank.… Read More »