SwitchWizeFinancial Decisions, Made Clearer

The Coverage Guidebook

A chapter-by-chapter guide to deposit insurance: how joint, trust and business accounts are counted, which bank sits behind your app, and what a bank failure pays out.

SwitchWize Research DeskEvery chapter reviewed by Jay Rege, Head of Financial Research8 of 8 chapters published

$250K limit

Volume 1: Counting Your Coverage

How the rules count your money, account type by account type.

  1. Chapter 1 · IntermediateSingle, Joint and Business Accounts: How Coverage Is CountedOwnership categories
  2. Chapter 2 · AdvancedTrust, POD and Retirement Accounts: The $1.25 Million QuestionOwnership categories

Volume 2: Apps, Sweeps and Middlemen

When a company sits between you and the bank, and what that does to your insurance.

  1. Chapter 3 · IntermediateWhich Bank Is Behind Your App? Pass-Through Coverage CheckedFintech pass-through
  2. Chapter 4 · IntermediateSynapse and Evolve: What Failed and What ChangedFintech failure and rules
  3. Chapter 5 · AdvancedSweeps, Brokered Deposits and Marketplaces: Who Is Actually InsuredIntermediated deposits

Volume 3: When It Goes Wrong, and Your Plan

Other insurers, how a bank failure pays out, and a coverage plan you can keep.

  1. Chapter 6 · IntermediateCredit Unions and State Funds: NCUA, Private Excess and Massachusetts DIFOther insurers
  2. Chapter 7 · IntermediateWhen a Bank Fails: The Payout TimelineFailure mechanics
  3. Chapter 8 · IntermediateYour Deposit Coverage PlanPlanning

Educational content, not individualized financial, tax or legal advice. Examples use hypothetical figures unless a source is cited.