Thirty Banks With Large Deposits Not FDIC Insured
There are some types of accounts that do not have FDIC insurance coverage up to $250,000. Here are some examples:
Investment accounts: Investment accounts, such as brokerage accounts, mutual funds, and stocks, are not FDIC-insured. These types of accounts carry different forms of investment risk, including the risk of loss of principal.
Annuities: Annuities are contracts between an individual and an insurance company. They are not FDIC-insured and carry different types of risks associated with the insurance company's financial health and the performance of the underlying investments.
Safe deposit boxes: Safe deposit boxes are not covered by FDIC insurance. While they may be a secure place to store important documents or valuables, the contents of a safe deposit box are not insured against loss or damage.
Cryptocurrency accounts: Cryptocurrency accounts, such as Bitcoin wallets, are not FDIC-insured. These accounts are subject to the volatility of cryptocurrency markets and the risks associated with storing digital assets.
REIT funds
Real Estate
Accounts where you have more than $250000 in one place
other types of accounts...
It's important to note that the above examples are not an exhaustive list and that other types of accounts or financial products may also not be covered by FDIC insurance. If you have any doubts or questions about the insurance coverage of a particular account, it is always a good idea to check with your financial institution or consult with a financial advisor.
So what is the solution if you are wealthy enough to have a million dollars in cash?
Move the deposits to accounts in different banks each under $250000.00
| Silicon Valley Bank* | 93.8 | $209 | |
| Bank of New York Mellon | 92.0 | $325 | |
| State Street Bank and Trust Co. | 91.2 | $298 | |
| Signature Bank* | 89.3 | $110 | |
| Northern Trust Co. | 81.6 | $155 | |
| Citibank NA | 73.7 | $1,767 | |
| CIBC Bank USA | 73.1 | $51 | |
| HSBC Bank USA NA | 70.6 | $162 | |
| City National Bank | 70.3 | $97 | |
| First Republic Bank | 67.4 | $213 | |
| East West Bank | 65.8 | $64 | |
| BMO Harris Bank NA | 60.5 | $177 | |
| Comerica Bank | 60.4 | $86 | |
| Western Alliance Bank | 56.3 | $68 | |
| Frost Bank | 53.6 | $53 | |
| Banco Popular de Puerto Rico | 53.1 | $56 | |
| MUFG Union Bank NA** | 53.0 | $104 | |
| Zions Bancorp. NA | 52.2 | $90 | |
| JPMorgan Chase Bank NA | 52 | $3,202 | |
| U.S. Bank NA | 51.4 | $585 | |
| Synovus Bank | 50.7 | $60 | |
| Bank of the West** | 50.7 | $92 | |
| KeyBank NA | 50.0 | $188 | |
| Fifth Third Bank NA | 48.4 | $206 | |
| Goldman Sachs Bank USA | 47.6 | $487 | |
| Citizens Bank NA | 47.5 | $226 | |
| Manufacturers and Traders Trust Co. | 47.1 | $200 | |
| First Horizon Bank | 46.2 | $79 | |
| Bank of America NA | 46.1 | $2,419 | |
| Huntington National Bank | 45.6 | $182 |