What is the standard insurance amount provided by the FDIC for each depositor?

The standard insurance amount provided by the Federal Deposit Insurance Corporation (FDIC) for each depositor is $250,000. This amount is designed to protect individual depositors’ funds in the event of a bank failure, ensuring they do not lose their savings. This insurance covers all types of deposit accounts, including savings accounts, checking accounts, and certificates of deposit (CDs), up to the $250,000 limit per depositor per insured bank.

It’s important to note that this limit applies to each depositor, meaning if someone has accounts in multiple insured banks, they can indeed be covered for up to $250,000 at each institution. Additionally, certain accounts, like those held in trust or retirement accounts, might have different coverage limits, but for general deposit accounts, the $250,000 limit is the standard.