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<p>[QUOTE=&quot;Azpatriot, post: 1262196, member: 32979&quot;]Also the FDIC does it in categories within each bank...so yes the limit is 250k/bank/account however if say you had 1 million in bank &quot;A&quot; and it was broken up all 4 accounts would be covered.</p><p><br /></p><p>250k Savings</p><p>250k Checking</p><p>250k Money Market</p><p>250k CD</p><p><br /></p><p><br /></p><p><a href="http://www.fdic.gov/deposit/deposits/insured/basics.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.fdic.gov/deposit/deposits/insured/basics.html" rel="nofollow">http://www.fdic.gov/deposit/deposits/insured/basics.html</a>[/QUOTE]</p><p><br /></p>

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