Deposit insurance

From Bogleheads

deposit insurance

The guarantee by a federal agency that an individual depositor at a participating depository institution will receive the full amount of the deposit (up to $100,000) if the institution becomes insolvent.

-from CBO glossary

"The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor."
-- FDIC

Links

• Definitions of deposit insurance on Google
• FDIC
• National Credit Union Administration

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