For years, the FDIC has insured bank accounts up to $100,000. In light of the recent banking crisis and consumer fears, the FDIC insured banks up to $250,000 per account. The move was aimed at increasing American confidence in the banking system. It appears to have worked. However, the higher FDIC coverage limits were temporary. FDIC Insured Banks $250,000 Coverage Limits Extended When first implemented,... Read more→