Will FDIC insure a joint account for up to $100,000 for each account holder?

Question

Will FDIC insure a joint account for up to $100,000 for each account holder?

Answer 1

Each DEPOSITOR is insured up to $100,000. So, if you and another person have a joint account, it's insured to $200k

Answer 2

www.fdic.gov

Answer 3

Negative, the account only gets one bite of the apple.

Answer 4

No, it's for each account.

If that account has two names on it, FDIC will insure up to $100,000, if you wanna secure another $100,000, you should have it with another co-signer, a different name from the first one, or a custodian savings account.