To endorse the check, you'll just have to flip it over and sign the line with the x to the left of it. This line will be found at the top of the check, and you'll sign it sideways. Do this right before you go to the ATM or the bank, so that your check cannot be cashed if you lose it. If you don't endorse the check, that makes it harder for the bank to accept it from a person who wants to cash it for ulterior motives.
FDIC insured means that the government will give you your money back (up to $100,000) in case your bank goes out of business and can't pay you. If you have more than $100,000 to put into savings, try spreading it out over several FDIC banks with no more than $100,000 in each account.
The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the federal government responsible for insuring deposits made by individuals and companies in banks and other thrift institutions. The FDIC insures deposits up to $250,000.o avert any future banking catastrophes, Congress held a series of hearings related to the Federal Deposit Insurance Act of 1950. Many, including Jesse Jones (former head of the Reconstruction Finance Corporation) felt that the $1 billion held by the FDIC was enough to cover any financial issues.