[Bostonian]

You can use the CDARS (Certificate of Deposit Account Registry Service) to deposit money in many banks and avoid the $250K cap.

The Federal government will not allow depositors at too-big-to-fail banks such as Bank of America, Citigroup, and JPMorgan to lose money. You could look at how much lower the interest rates are on CDs from these banks compared to smaller banks.

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"The Federal government will not allow depositors at too-big-to-fail banks such as Bank of America, Citigroup, and JPMorgan to lose money."

Alternatively, the Federal government provides a free-of-charge insurance product to banks who then drop ship it to me for profit.