Know what protection your money has at your bank. The Federal Deposit Insurance Corporation (FDIC) can insure you for a lot more than $100,000; know the details.

At an insured bank covered by FDIC, a single account is insured up to $100,000 in total. You may have two or three accounts at that bank, as long as the aggregate is less than $100,000, you are covered.

The FDIC will also cover up to $100,000 for each person listed on a joint account at the same bank. It’s important to understand these limits are based on the type of ownership, not the number or types of accounts. The FDIC calculates your joint account limit based on your share of any accounts you own jointly at that bank. A couple could be insured at a bank up to $400,000 using the combination of single and joint accounts.

If you exceed these limits, consider moving some of your deposits to another bank. Remember that limits are per bank, not branches of the same bank. Watch out for bank mergers as well.

The FDIC only covers deposit accounts like savings, checking, money market funds and CD’s. FDIC insurance does not cover money invested in stocks, bonds, municipal securities, mutual funds or annuities, even if the investments were bought from the insured bank. Also watch out for money market funds, they are considered an investment product and are not covered.