[joelfmi]

Originally Posted by Bill14564

Not a lawyer but would say no. There is still one account so the insured amount would remain $250,000.

call the bank you have money if they cover beneficiary for insurance first. some banks do and some don't

[Karmanng]

NOOOO never heard of such a thing

[Bill14564]

Originally Posted by joelfmi

call the bank you have money if they cover beneficiary for insurance first. some banks do and some don't

The question was FDIC coverage. That does NOT vary from one bank to another. See the link to the FDIC fact sheet posted early in the thread.