If you have accounts in different owner categories, in different accounts, or in different banks, each variation gets its own $250,000 limit.
Well enough. Similarly, if you have one account and share a second joint account where both parties are entitled to withdraw money, those each get their own $250,000 limit. Say you have a personal account and a corporate or partnership account. Even if they are at the same bank, each gets full coverage.
It’s worth going to the link and reading it, as there are more examples: A revocable trust with one to five separate beneficiaries gets coverage of $250,000 for each beneficiary in the one account.You can also go through the same, per person, per institution, per ownership category at a credit union that is a member of the National Credit Union Administration.Depositors Insurance Fund
Oh I don’t know by not freaking out and pulling out all your money .. just guessing
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