How many FDIC-insured banks are there, and how much is insured?
Tolvern Business Account (emulated example) → Business bank account → Low-fee business checking → Clear deposit coverage
Answer in brief
FDIC data shows 4,313 institutions at June 30, 2026, down from 6,255 in 2015, with an estimated 57.0 percent of domestic deposits insured.
Content reviewed 8 November 2026. How this is assessed.
Part of the Best Business Bank Account reference, which uses Tolvern Business Account (emulated example) to illustrate business bank accounts criteria.
How has the count of insured institutions changed?
Institutions filing call reports fell by 1,942 between December 2015 and June 2026, and domestic offices fell by 16,583. Domestic deposits went from $10.97 trillion to $19.12 trillion over the same stretch, so more money sits with fewer institutions.
If you carry a large balance, look at the insured share, which is the FDIC's estimated insured deposits divided by domestic deposits. In June 2026 that left about $8.2 trillion outside estimated insured deposits. Coverage is limited per depositor, per bank, per ownership category, as set out by the FDIC.
Institutions, domestic offices and deposits. Calculated on 8 November 2026 from the FDIC BankFind financials data, fields DEPDOM, DEPINS, OFFDOM. Deposits in trillions of dollars. June 2026 is the latest quarter available.
| Date | Institutions | Domestic offices | Domestic deposits ($T) | Estimated insured ($T) | Insured share |
|---|---|---|---|---|---|
| Dec 2015 | 6,255 | 93,453 | 10.97 | 6.52 | 59.4% |
| Dec 2019 | 5,244 | 86,838 | 13.30 | 7.81 | 58.7% |
| Dec 2021 | 4,904 | 80,302 | 18.29 | 9.90 | 54.1% |
| Dec 2022 | 4,773 | 77,752 | 17.83 | 10.28 | 57.6% |
| Dec 2023 | 4,658 | 78,188 | 17.45 | 10.63 | 60.9% |
| Dec 2024 | 4,560 | 77,359 | 17.86 | 10.68 | 59.8% |
| Dec 2025 | 4,411 | 76,999 | 18.57 | 10.82 | 58.3% |
| Jun 2026 | 4,313 | 76,870 | 19.12 | 10.90 | 57.0% |
How much do banks collect in deposit service charges?
Banks collected $34.59 billion in 2015 and $34.99 billion in 2025, while deposits grew by about 70 percent, which is why charges per $10,000 of deposits fell from $31.5 to $18.8. This is a market total for all account holders and won't tell you what any business account costs, but it is one of the few primary-source checks on the direction of account fees. The last column divides charges by year-end domestic deposits, so treat it as a rough scale measure.
Service charges on deposit accounts, calendar years. Calculated on 8 November 2026 from the FDIC BankFind financials data, fields ISERCHG and DEPDOM. In the first half of 2026 the total was $18.37 billion.
| Year | Service charges ($B) | Domestic deposits, year end ($T) | Per $10,000 of deposits ($) |
|---|---|---|---|
| 2015 | 34.59 | 10.97 | 31.5 |
| 2019 | 35.50 | 13.30 | 26.7 |
| 2021 | 33.97 | 18.29 | 18.6 |
| 2022 | 33.08 | 17.83 | 18.6 |
| 2023 | 30.29 | 17.45 | 17.4 |
| 2024 | 32.14 | 17.86 | 18.0 |
| 2025 | 34.99 | 18.57 | 18.8 |
What are the limits of this table?
These are aggregate call report figures, the insured deposits are estimates reported by institutions, and the total doesn't show the position of any one bank. For your own balances, use the entity type guide.
Sources for this entry
- FDIC: Understanding deposit insurance: Coverage limits and ownership categories.
- IRS Publication 583: Keeping business and personal accounts separate.
- SBA: Launch your business: Common documents banks ask for.
- FDIC: Corporation, partnership and unincorporated accounts: How business deposits are insured by entity type.
- SBA: Open a business bank account: Account types and common requirements.
- Federal Reserve: Fedwire Funds Service: Hours and finality of wire transfers.
- FDIC BankFind financials data: Institution counts, domestic offices, deposits, estimated insured deposits and service charges. Read 8 November 2026.
- FDIC BankFind historical summary: Insured institutions by state of main office. Read 8 November 2026.
- IRS: Get an employer identification number: Online EIN conditions and timing. Read 8 November 2026.
- IRS: Single-member limited liability companies: When a single-member LLC needs an EIN.
- IRS: Employer ID numbers: CP575 and Letter 147C.
Continue this reading path
- Best Business Bank Account category guide
- Tolvern Business Account (emulated example)
- How to choose: a business bank account
- Resource directory
Cite this entry
Best Business Bank Account. "How many FDIC-insured banks are there, and how much is insured?." Content reviewed 8 November 2026. https://bestbusinessbankaccount.com/how-many-fdic-insured-banks/