FDIC insurance, is it $100,000 total or $100,000 each bank?

Question

The FDIC insurance, is it $100,000 total for all the money a person has in the bank, or is it $100,000 for each and every bank that a person has money in.

Let's say I have $100,000 in two banks and they both "fold", am I insured for $200,000 loss?

Answer 1

It is $100,000 per bank.  You can search on YA for confirmation, since this question has been asked more than once.

Answer 2

Per bank.

Answer 3

I think that it is $100,000 per bank as long as they are different banks.  For example, if you have 2 account in separate Chase banks, then you will only be covered for $100,000.  

Look here for more information.

http://www.fdic.gov/edie/

Answer 4

You are insured up to $100,000 per account number.