Is PiBank FDIC Insured? Secure Your Deposits Now: A Fintech Guide
Is your money safe with PiBank? This comprehensive guide clarifies FDIC insurance and its implications for your deposits at PiBank, providing actionable steps for consumers and businesses. Understanding FDIC Insurance: Your Financial Safety Net The Federal Deposit Insurance Corporation (FDIC) insures deposits in U.S. banks, acting as a safety net for your savings. It protects depositors from losses if a bank fails. Currently, the FDIC insures up to $250,000 per depositor, per insured bank, for each account ownership category (individual, joint, etc....