Category: General Knowledge | Last updated: 2026-09-18
What is the maximum amount currently insured by the Federal Deposit Insurance Corporation (FDIC) for a depositor at a single insured bank?
A) $100,000
B) $250,000
C) $500,000
D) $1,000,000
Explanation
The Federal Deposit Insurance Corporation (FDIC) currently insures deposits up to $250,000 per depositor, per insured bank, for each account ownership category.