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Banks offer various personal accounts with different FDIC coverage. Single accounts owned by one person, an agent/custodian, sole proprietorship, or representing deceased person's funds are insured up to $250,000. Joint accounts owned by two or more people with equal withdrawal rights are separate. Maggie has $260,000 in single accounts, only $250,000 is insured. The remaining $10,000 exceeds coverage. Maggie also has a joint account with her husband, which has its coverage rules.