With all of the recent financial turmoil, I’ve received a number of questions from readers on topics ranging from the safety of their bank to whether or not their money is FDIC insured, etc. While I’ve written about these topics in the past, several of the questions that I’ve received have outlined very specific scenarios, and then asked whether or not their deposits are covered.

Here’s my take… Instead of asking around online, relying on the advice of friends, or even inquiring at your bank, you should go straight to the FDIC for an answer.

Here’s how:

• Use their online deposit insurance estimator
• Drop them a line via their online contact form, or
• Give them a call at 1-877-ASK-FDIC (1-877-275-3342).

The bottom line here is that nobody can speak for the FDIC except for the FDIC. If you have any concerns, it’s best to get the answer straight from the horse’s mouth rather than relying on third-party information.