[Tell It Right]

It's not $500K per account at one bank. It's $500K total at the bank across all accounts at the same bank. If you want more than $500K insured you have to put no more than $500K at one bank, and no more than $500K at another bank, etc.

What I don't know is if the $500K for a married couple is $250K per person (half in the husband's name and half in the wife's name), or if having both names on the account makes it insured for twice the $250K.

[Rusty0604]

Financial Institution Employee’s Guide to Deposit Insurance

https://www.fdic.gov/deposit/diguidebankers/joint-accounts.html