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FDIC Coverage Calculator

Estimate insured deposits and unused FDIC coverage capacity across banks and ownership categories before adding more cash.

Quick answer: Estimate insured deposits and unused FDIC coverage capacity before moving more cash across banks or ownership categories. Enter Total deposits, Number of banks, Ownership categories, and Planned new deposit to personalize the estimate. It returns Estimated insured deposits, Uninsured amount, and Covered share so you can compare the impact before choosing a next step. Use it to compare cash flow, interest, liquidity, and next-account choices before moving money.

Uninsured Amount
$350,000
Uninsured Amount
$350,000
Estimated Insured Deposits
$250,000
Covered Share
41.67%
Banks Needed at Current Category Count
3
Estimated insured vs uninsured deposits
$600,000total
Estimated insured$250,000
Uninsured$350,000
Total$600,000
Uninsured After Planned Deposit
$350,000
Diagnostic

Based on your inputs, about $350,000 may be above estimated FDIC coverage.

At your current ownership setup, you may need about 3 bank(s) for full coverage.

Run FDIC Check
What to do next

Check bank safety

Your action plan
  1. 1

    Review the risk level and primary pressure point

    Estimate insured deposits and unused FDIC coverage capacity before moving more cash across banks or ownership categories.

  2. 2

    Pressure-test one alternate scenario before deciding

    Assumptions change the answer, especially when rates, taxes, or timing matter.

  3. 3

    Save the result to Money Map or use the linked next action

    Turn the result into a prioritized action instead of treating it as a one-off number.

Check bank safety

This is an educational estimate, not tax, legal, investment, or lending advice. Confirm with a qualified professional or the provider before acting.

Calculator action path

Turn this result into a decision

Every SwitchWize calculator connects to a product comparison, rate context, guidance, alerts, and Money Map.

Rate authority hub
Compare
You could gain ~$350,000/yr — compare nowMove from calculation to current product options.
Guide
Grasshopper Bank vs. Mercury: FDIC Coverage, Fees & Risk ComparedGrasshopper Bank extends up to $125M in FDIC coverage through IntraFi ICS as a directly chartered bank. Mercury extends up to $5M through partner banks. Here's the fee, yield, and custodial-risk breakdown.
Money Map
Map this $350,000/yr opportunitySave this opportunity and see how it fits your broader money plan.
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Frequently Asked Questions

Everything you need to know.

What does the FDIC Coverage Calculator show?
Estimate insured deposits and unused FDIC coverage capacity across banks and ownership categories before adding more cash.
How should I use the result?
Use the result as a planning and comparison aid. Review the assumptions, adjust your inputs, and compare the output with your actual options before acting.
What should I do after using this calculator?
Use the related links and next-action modules on the page to compare products, continue in Money Map, or review related guidance on SwitchWize.
Is the FDIC Coverage Calculator free to use?
Yes. SwitchWize calculators are free, and you do not need an account to run scenarios or view the result.
Does using the FDIC Coverage Calculator affect my credit score?
No. Using a calculator does not trigger a credit check. A credit impact can occur only if you apply directly with a lender, card issuer, or provider.
Are the results personalized financial advice?
No. Calculator outputs are educational estimates based on the inputs you enter. Review assumptions and confirm terms directly with providers before making a financial decision.
What should I do after seeing the result?
Use the recommendation module on this page to check bank safety, or run Money Map to compare this banking & savings decision with your other opportunities.
How does SwitchWize choose related offers?
Related offers are matched by the calculator surface (fdic check) and ranked using SwitchWize data such as rate, fees, trust signals, product fit, and switching friction. Paid relationships do not change organic ranking order.
How fresh are the rates and offers shown?
Rate and offer data is reviewed on a recurring cadence and every offer module shows review context or links to the methodology and disclosure pages.
Where can I see the ranking methodology?
The SwitchWize methodology page explains how rate freshness, editorial review, affiliate disclosure, and category ranking factors work.
Can Money Map use this result?
Yes. Money Map is the broader diagnostic path: it compares savings, mortgage, cards, and debt so you can see whether this calculator result is your highest-impact next move.

Why This Matters

FDIC Coverage Calculator helps users make a banking & savings decision with clearer numbers, assumptions, and next actions.

How to Use It

  1. 1Enter your numbers in the input panel.
  2. 2Review the live results and interpretation on the right.
  3. 3Use the diagnostic outputs to compare options or plan the next step.
  4. 4Use the related links below if you want to move from analysis to action.
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