The FDIC insures $250,000 per depositor, per bank, per ownership category — but most people don't know how the categories stack. Enter your balances and see exactly how much of your money is protected, and how much isn't.
Maintained by TheFinanceSection · Methods and corrections
Total deposits
$300,000
at this one bank
Insured
$250,000
protected if the bank fails
Uninsured / at risk
$50,000
consider a second bank or ownership category
| Ownership category | Balance | Coverage limit | Uninsured |
|---|---|---|---|
| Single accounts (one owner) | $300,000 | $250,000 | $50,000 |
| Joint accounts (per co-owner) | $0 | $500,000 | $0 |
| Certain retirement accounts (IRA) | $0 | $250,000 | $0 |
| Trust / POD accounts (per beneficiary) | $0 | $250,000 | $0 |
Simplified estimate. Trust coverage caps at $250,000 × beneficiaries (max $1.25M per owner per bank under 2024 FDIC rules). For complex situations, use the FDIC's official EDIE tool or talk to your bank. NCUA insurance for credit unions works the same way.
It estimates your deposit insurance coverage at a single bank. You enter what you hold in each ownership category — single accounts, joint accounts, IRAs, and trust/payable-on-death accounts — and it applies the FDIC's limits to show your insured total and any uninsured excess. Credit union members get the same protection from the NCUA with identical limits, so the tool works for both.
The $250,000 limit is not per account — it's per depositor, per insured bank, per ownership category. A couple can be fully insured for $1,000,000 at one bank: $250k in each spouse's single accounts plus $500k in a joint account. Trust accounts add $250,000 per beneficiary (capped at $1.25 million per owner per bank under the rules effective April 2024). Money above those limits is an unsecured claim on a failed bank.
When banks fail — and we track every U.S. bank failure — insured depositors are made whole within days, while uninsured balances can take years and haircuts. If the calculator shows uninsured money, the fix is easy: a second bank, or restructuring into another ownership category. And before you pick that second bank, check its health grade.
Per depositor, per insured bank, per ownership category — not per account. Ten checking accounts in your own name at one bank share a single $250,000 limit, but a joint account or IRA at the same bank gets its own separate limit.
Spread money across multiple FDIC-insured banks, use different ownership categories (single, joint, retirement, trust), add beneficiaries to trust/POD accounts, or use a network sweep program like IntraFi that distributes deposits across many banks automatically.
Yes. Federally insured credit unions are covered by the NCUA's Share Insurance Fund with the same $250,000 per member, per institution, per ownership category structure.
Insured funds are typically available within a business day or two. Uninsured balances become claims on the failed bank's receivership — you get a receiver's certificate and are repaid, possibly only in part, as assets are sold off over months or years.
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