18 - FDIC Insurance: Is My Money Really Safe? cover art

18 - FDIC Insurance: Is My Money Really Safe?

18 - FDIC Insurance: Is My Money Really Safe?

Listen for free

View show details

About this listen

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/

If you’ve enjoyed listening to Making Sense of your Cents and you’ve found our tips helpful for your financial journey, I want to ask you a quick favor. Please take a moment right now to hit that Subscribe or Follow button on your favorite podcast app. It’s the best way to make sure you never miss an episode, and it helps other people in our community find the show.

Subscribe today, wherever you listen to your podcasts (Spotify, Apple Podcast, etc.) and send your questions to podcast@fcbtn.com.

No reviews yet