Deposits held jointly have separate protection from other types of deposit accounts.
Also, joint accounts held with different account holders have separate protection at US$100,000 collectively and not US$100,000 per joint account holder.
Example
| Name of Account Holder | Type of Account | Amount (US$) | Insured (US$) | Uninsured (US$) |
| Norma | Individual | 115,000 | 100,000 | 15,000 |
| Norma and Husband | Joint (Checking) | 55,000 | ||
| Norma and Husband | Joint (Savings) | 65,000 | 100,000 | 20,000 |
| Norma, Husband and Son | Joint | 105,000 | 100,000 | 5,000 |
| Norma, Husband and Daughter | Joint | 100,000 | 100,000 | 0 |
| Total | 440,000 | 400,000 | 40,000 |
VIDIC’s deposit insurance total protection would be $400,000 in total:
$100,000 for Norma’s individual account
$100,000 for Norma and husband’s joint accounts. (where two or more individuals are joint owners of two or more accounts, the sum of those accounts shall be insured to a maximum of One Hundred thousand dollars).
$100,000 for Norma, husband and son’s joint account
$100,000 for Norma, husband and daughter’s account