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If I had $1M stored in SVB, I would have 4 accounts with $250k each. Why is this so hard for people to understand?

The limit is per depositor * bank, not per account.

You’ll just be the depositor four times, once per account. It’s per account at the end.

No... if the same depositor + ownership structure owns 4 accounts, the total insurance is $250,000, not $250,000 x 4.

Per person, per bank, per account ownership category.

If you had a single-owner account and a joint account, you would have $250K in insurance for each of those accounts.