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The FDIC insures $250K per depositor per ownership category per institution. Each of the following qualifies as a separate ownership category: sole, joint, revocable trust (includes POD or ITF), organization, irrevocable trust, retirement, employee benefit plan, and public unit account. Example: A husband and wife who own a joint savings account that is POD (pay on death) to four of their children may have up to $2 Million FDIC insurance. Those who puts in a little effort soon discover how easy it is to raise their FDIC insurance well above the $250K figure we have seen before. The FDIC rules are exacting but easily followed. Click on this helpful link and let EDIE show you more about FDIC insurance.