what is cd fdic protection limit?
<answer> The FDIC increased the amount of coverage on deposit accounts for banking customers in the wake of the Great Recession that began in 2007. <context> FDIC Coverage Limits. The FDIC increased the amount of coverage on deposit accounts for banking customers in the wake of the Great Recession that began in 2007. For an individual account, the FDIC provides insurance protection up to $250,000, and each account carries this level of coverage.