The Limits of Deposit Insurance: What You Need to Know.

Treasury Secretary Janet Yellen has dismissed the idea of offering "blanket" insurance guaranteeing all deposits, but the idea of universal insurance is gaining traction, including among some smaller banks and their advocates, who already feel that megabanks are treated differently. The Federal Deposit Insurance Corporation can use a "systemic risk exception" to cover all of an individual bank's depositors with accounts above the $250,000 limit.