If you deposit more than $250,000 in a single ownership category at an FDIC-insured bank, the amount exceeding the standard $250,000 statutory limit is technically uninsured by the federal government should the institution fail. To mitigate this risk, affluent depositors frequently utilize specialized services like insured cash sweep networks, open accounts across multiple distinct banking institutions, or structure ownership categories (such as joint accounts or trusts) to maximize total federal deposit insurance coverage.