That really is a CFO's job. To assess risk, and distribute it. Larger amounts in larger banks are swept across multiple branches transparently to reduce the acc

That really is a CFO's job. To assess risk, and distribute it. Larger amounts in larger banks are swept across multiple branches transparently to reduce the account holders risks for individual branch failures. However, the FDIC limit is REALLY low in today's terms. $250k limit was set in 2010. The money stock has been printed 143% more since 2010. To me that is about $607k in today's dollars.