FDIC Insurance

Get to know your coverage and ways to ramp it up

You can never be too protected, and FDIC insurance is your safety net in the unlikely event of bank failure. Today's standard limit on FDIC coverage is set at $250,000 per depositor, per insured bank, for each account ownership category. By opening different accounts using varying ownership categories, you can easily expand your coverage.

EverBank & TIAA

Please note: EverBank® is a division of TIAA, FSB. TIAA, FSB also offers deposit accounts through its TIAA Direct® division. EverBank and TIAA Direct accounts are considered together when determining deposit insurance coverage under applicable FDIC regulations.

FDIC Online Resources

Expanded Scenario

The following is a hypothetical example of how a married couple at EverBank was able to secure FDIC insurance on $1.5 million in deposits.

$50K Wife's Business Checking
$200K Wife's WorldCurrency® CD1
$50K Joint Yield Pledge® Checking
$450K Joint Yield Pledge Money Market
$750K Husband's WorldCurrency Access® Account1 (revocable trust, 3 beneficiaries)

Multi-million Alternative

As part of the CDARS® network, we can offer you millions in FDIC coverage with the CDARS service.2
Discover CDARS >