Any deposits above $250,000, up to the new $1 million limit, would not be covered by the FDIC in the event of bank ... account Marcus allows a maximum balance of $1 million per account, up to a ...

A ledger balance represents the total funds in a bank account ... if an account starts the day with a balance of $2,500, processes a direct deposit of $1,000, and has $500 in processed payments ...