FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured ...

Insured Silicon Valley Bank customers will have to wait one business day. The FDIC insurance limits per customer, per bank are: $250,000 for single accounts $250,000 for each joint account holder ...

Some banks offer uninsured CDs at values over $250,000 that carry even higher interest rates. Credit union CDs are not covered by the FDIC but are insured by the NCUA, with similar limits as bank CDs.