How much money will the FDIC guarantee a person keeps in a bank?

The Federal Deposit Insurance Corporation (FDIC) guarantees deposits up to $250,000 per depositor, per insured bank, for each account ownership category. This means that if a bank fails, the FDIC will reimburse insured depositors up to that limit. It's important to note that this coverage applies to various types of accounts, including savings accounts, checking accounts, and certificates of deposit.