Use this FDIC Insurance Calculator to estimate insured and uninsured deposits at one bank for single, joint, retirement, trust, or business accounts today.
FDIC Insurance Formula
The standard insurance amount is $250,000 per depositor, per FDIC-insured bank, for each ownership category. Deposits in the same category at the same bank are added together before the limit is applied.
Insured Amount = min(Total Deposits in Category, Category Limit) Uninsured Amount = max(0, Total Deposits in Category - Category Limit)
For the simplified joint and trust estimates used by the calculator:
Joint Limit = Number of Eligible Co-owners * $250,000 Trust Limit = Number of Owners * min(Beneficiaries, 5) * $250,000
Variables:
- Total Deposits in Category includes checking, savings, money market deposit accounts, CDs, and other insured deposits held in the same category at one bank
- Category Limit is based on account ownership and eligibility rules
- Trust coverage is capped at five beneficiaries per owner in this simplified calculation, or $1.25 million per owner
Separate ownership categories can receive separate coverage, and deposits at separately chartered insured banks are evaluated separately. Investments such as stocks, bonds, mutual funds, crypto assets, annuities, and safe-deposit-box contents are not FDIC-insured deposits.
This calculator is a screening tool, not a substitute for the FDIC Electronic Deposit Insurance Estimator. Complex trusts, unequal joint interests, bank mergers, employee benefit plans, government accounts, and account-titling issues require a more detailed review.
Simplified Coverage Limits by Ownership Category
The table summarizes the current standard framework used by the calculator.
| Ownership category | Simplified limit at one insured bank | Key assumption |
|---|---|---|
| Single account | $250,000 per owner | All single accounts for one owner are combined |
| Joint account | $250,000 per eligible co-owner | All co-owners have equal withdrawal rights |
| Certain retirement accounts | $250,000 per owner | Combined across eligible retirement deposits |
| Trust accounts | $250,000 per owner per eligible beneficiary, up to 5 | Maximum simplified limit is $1.25 million per owner |
| Business entity account | $250,000 per entity | Entity is separately organized and engaged in independent activity |
Example Problems
Example 1: Single-owner deposits.
One person has $180,000 in savings and $95,000 in CDs in the same single-account category at one bank. Total deposits are $275,000. The simplified insured amount is $250,000 and the amount above the category limit is $25,000.
Example 2: Joint account.
Two eligible co-owners hold $420,000 in qualifying joint deposits at one bank. The simplified joint limit is 2 * $250,000 = $500,000, so the full $420,000 is within the limit under the assumptions.
Frequently Asked Questions
Can I receive more than $250,000 of FDIC coverage at one bank?
Yes. Separate ownership categories can be separately insured, and joint or eligible trust structures can have larger limits. Every requirement for the category and account title must be met.
Are checking, savings, and CDs insured separately?
Not when they have the same owner, bank, and ownership category. Those deposit products are added together before the category limit is applied.
What should I use for a complex trust or unusual account title?
Use the official FDIC Electronic Deposit Insurance Estimator and review the bank’s account records. Coverage is determined from applicable law and the institution’s records, not solely from a simplified calculator.
