Are certificates of deposit covered by FDIC?

Answer Yes. The Federal Deposit Insurance Corporate (FDIC) states that it covers up to $250,000 of insurance per bank for certificates of deposit, unlike other investments. It also recommends that you und... Read More »

Top Q&A For: Are certificates of deposit covered by FDIC

Are certificates of deposit insured by the FDIC?

Yes. the Federal Deposit Insurance Corporation (FDIC) says that certificates of deposits are insured up to $250,000 per bank. A CD offers a higher rate of interest than a regular savings account.S... Read More »

Does FDIC Insure Retirement & Certificates of Deposit Separately If in the Same Bank?

The Federal Deposit Insurance Corporation (FDIC) insures a variety of deposit accounts at banks and other financial institutions. The FDIC does not protect investments, such as stocks or mutual fun... Read More »

Is a certificate of deposit insured by the FDIC?

The FDIC does insure certificates of deposit up to $250,000. Banks normally require that a certificate of deposit remain in the bank for a set amount of time, or the investor will receive an intere... Read More »

FDIC Safe Deposit Box Rules?

An FDIC Bank deposit box offers the option of keeping your valuables in a secure location outside of the home. Items stored in a safe deposit box can generally be anything of importance such as dee... Read More »