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Author: foo1bar Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Re: Is there any coverage? Date: 12/15/2013 12:42 PM
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http://www.fdic.gov/deposit/deposits/insured/ownership7.html...
"Unincorporated associations typically insured under this category include churches and other religious organizations, community and civic organizations and social clubs."

If your church has >$250K at one bank (even in separate accounts, including CDs, etc) then you could exceed the FDIC insurance limits.

Otherwise, I believe the church's accounts would be covered while they are in FDIC insured accounts (which don't include some money-market accounts, especially at a brokerage)

Another option is a credit union like
http://umfcu.org/
Then it would be NCUA insurance (which is very similar in coverage to FDIC, and they even have an example of a church account in their brochure:)
http://www.ncua.gov/legal/guidesetc/guidesmanuals/ncuayourin...
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