I've been planning a major home renovation and socking away money in a Synchrony high-yield savings account (1.05%). I believe it's FDIC-insured up to $250K. I may soon get a bonus that would put me over that amount -- I'd like to keep the money liquid in the near term, just in case there are unforeseen expenses. Is there any danger in keeping more than the FDIC limit in the account? I can't really envision a scenario in which the bank would fail...but I figured I'd throw out the question to the Mustachian community for feedback. I suppose I could just open a second account, at Synchrony or a different high-yield savings bank...but this is going to be a pretty short-term situation and I can't really bring myself to do the extra work of setting up another account if I don't need to. Thanks for any feedback!