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Is there a limit on how much I can deposit into my savings account?

Answer:

No, you can deposit as much money in your savings account as you want.

If you have $250,000 or less in all of your deposit accounts at the same insured bank or savings association, you do not need to worry about your insurance coverage — your deposits are fully insured. If you have multiple accounts with different banks or credit unions, or if you have accounts totaling over $250,000, talk to your banks or credit unions to confirm your coverage.

For information on FDIC insurance, visit the or call the FDIC Call Center at 1-877-275-3342 (1-877-ASKFDIC) (for the Hearing Impaired, call 1-800-925-4618).The NCUA has a similar

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