My point was that this is somewhat of new and exotic product, and interested parties should be mindful to ensure their exposure does not exceed insurance limits. While you might find a way to buy more of this CD than the bank permits through their limits, that doesn't necessarily mean you should.
> The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
> The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for coverage over $250,000 if they have funds in different ownership categories and all FDIC requirements are met.
> All deposits that an accountholder has in the same ownership category at the same bank are added together and insured up to the standard insurance amount.
