Is a CD FDIC insured? The answer is yes, a CD is FDIC insured. This means that if the bank holding your CD fails, the FDIC will insure your deposit up to $250,000.

The FDIC is a government agency that was created in 1933 to insure depositors’ money in case their bank failed. The FDIC does not insure money that is invested in stocks, bonds, or mutual funds.

The FDIC has insured deposits since its inception, and has never failed to pay out a claim. In fact, the FDIC has never even come close to running out of money to …