It could probably stand to be bigger. It hasn't been updated in 15 years after all, and European countries have higher deposit insurance levels, so it's not som

It could probably stand to be bigger. It hasn't been updated in 15 years after all, and European countries have higher deposit insurance levels, so it's not some brand new frontier. But really for me the question is that if you are the type person who has $250,000 in a bank account sitting around, and you want to keep still more in cash, why not just open a second account? If you want to keep a lot more, keep your money in a sweep vehicle ($5 million FDIC insurance for joint accounts) or simply buy treasuries which are perfectly liquid, as close to safe as possible, and pay you even more than a savings account.