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IIRC, that's not how the FDIC capping works. It's a unique((account_owner, account_type)) operation, not just by total number of accounts. The "account_owner" can get a little creative, but by and large, just splitting accounts won't work.

FDIC convers a single person per account type up to 250k, not per account.

If it were easy to get around the rule, why have a limit at all?

Folks who de-risk by staying within the FDIC limit do it by splitting their money between multiple financial institutions.

Insurance is per depositor, not per account number.

That would be a "hack" akin to inventing money or creating endless liabilities for FDIC. That's obviously--to me--not how this is going to work! :) xx ;p