FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured ...

which means they're usually insured by the Federal Deposit Insurance Corp. (FDIC) or the National Credit Union Administration (NCUA) up to $250,000 per depositor, per institution. FDIC insurance ...