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Insurance Limit Each co-owner of a joint account is insured up to $250,000 for the combined amount of his or her interests in all joint accounts at the same IDI. In determining a co-owner's interest in a joint account, the FDIC assumes each co-owner is an equal owner unless the IDI records clearly indicate otherwise.

Federal Deposit Insurance Corporation (FDIC), independent U.S. government corporation created under authority of the Banking Act of 1933 (also known as the Glass-Steagall Act), with the responsibility to insure bank deposits in eligible banks against loss in the event of a bank failure and to regulate certain banking

COVERAGE LIMITS The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. The FDIC provides separate coverage for deposits held in different account ownership categories.

What is the main purpose of the FDIC? To protect customer deposits from loss, since they are the main source that FI's use to provide financial services.

It is important to emphasize that a depositor does not hold accounts in different ownership categories by opening accounts of different deposit product types (CDs, savings accounts or checking accounts, for example).

FAQ about fishing charters in North Carolina, United States The price of a private charter fishing boat between 300 USD and 1400 USD, for up to 12 people in North Carolina. Fishing charters in North Carolina usually come in intervals of one-half day (four hours), three-quarter day (6 hours) or full-days (8 hours).

Ownership Categories Single Accounts. Certain Retirement Accounts. Joint Accounts. Revocable Trust Accounts. Irrevocable Trust Accounts. Employee Benefit Plan Accounts. Corporation/Partnership/Unincorporated Association Accounts. Government Accounts.