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by mortenjorck 2744 days ago
This is incorrect according to the FDIC’s website:

> All single accounts owned by the same person at the same bank are added together and insured up to $250,000

Revocable trusts, joint accounts, and other types of accounts with multiple custodians are covered separately, but checking, savings, and so on are not.

https://www.fdic.gov/deposit/covered/categories.html