The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...

An account-sharing service designed to extend the limits of government deposit insurance has doubled its coverage to $10 million for a single customer by expanding the number of participating banks.

Regulators announced a plan to raise deposit insurance coverage, promising greater protection for savers if a bank fails. The ...