Got More Than $250k in the Bank? SoFi to Offer up to $2 Million in FDIC Insurance
The recent banking industry meltdown, fueled by the collapse of Silicon Valley Bank, has many consumers with money in savings accounts wondering if their cash is safe. The good news is that FDIC insurance protects deposits of up to $250,000 per person. Now, SoFi is taking that worry off the table.