FDIC Insurance
FDIC insurance protects the money in your bank accounts — up to $250,000 per depositor, per bank, per ownership category — if the bank fails. It's automatic at member banks and backed by the U.S. government, which is why insured deposits are considered risk-free.
Credit unions get the same $250,000 coverage through the NCUA. The limit is per bank, so spreading large balances across institutions (or ownership categories) extends coverage. Investments like stocks and money market funds are not FDIC-insured, even when held at a bank's brokerage.
Put it to work
Savings Calculator
Watch your savings account grow: enter your balance, monthly deposit, and APY to see the future value and every dollar of interest along the way.
CD Calculator
Calculate a certificate of deposit's value at maturity, the interest earned, and the true APY from any rate and compounding frequency.
Emergency Fund Calculator
Size your emergency fund from your real monthly expenses, see the gap, and get the date you'll be fully funded at your current saving rate.