>The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category My understanding is that this might cau

>The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category My understanding is that this might cause an unwelcome surprise to (for example) someone with a personal account at Bank A, and a sweep account at Brokerage P that sends its funds into accounts at Banks A, B, and C.