Do any banks insure more than 250 000?

Say you have much more than $250,000. Yes, you can only have deposits up to $250,000 insured at a single bank, but there are 3 additional ways you can open accounts to insure more money. If you take advantage of all 4 options, it adds up to $1 million in FDIC-insured accounts, all at the same bank.

What is the purpose of calculating risk weighted assets?

Risk-weighted assets are used to determine the minimum amount of capital that must be held by banks and other financial institutions in order to reduce the risk of insolvency. The capital requirement is based on a risk assessment for each type of bank asset.

What is the purpose of Section 324 of the FDIC?

§ 324.1 Purpose, applicability, reservations of authority, and timing. (a) Purpose. This part 324 establishes minimum capital requirements and overall capital adequacy standards for FDIC-supervised institutions.

What are the minimum capital requirements for FDIC?

This part 324 establishes minimum capital requirements and overall capital adequacy standards for FDIC-supervised institutions. This part 324 includes methodologies for calculating minimum capital requirements, public disclosure requirements related to the capital requirements, and transition provisions for the application of this part 324.

When do FDIC supervised institutions have to make public disclosures?

(ii) Each market risk FDIC-supervised institution must make the public disclosures described in subpart F of this part. (iii) Each advanced approaches FDIC-supervised institution must make the public disclosures described in subpart E of this part.

Is there limitation on the FDIC’s ability to take action?

(b) Limitation of authority. Nothing in this part 324 shall be read to limit the authority of the FDIC to take action under other provisions of law, including action to address unsafe or unsound practices or conditions, deficient capital levels, or violations of law or regulation, under section 8 of the Federal Deposit Insurance Act.