It is of Old English origin, and the meaning of Kim is Cyneburg's field. Short form of Kimberly, used as an independent name since the mid 20th century, influenced by actresses Kim Novak and Kim Basinger. Kim is also a Korean name meaning gold. Actress Kim Catrall.
Joint bank accounts must be held with equal ownership to be FDIC-insured up to the $250,000 limit for each depositor. For example, a parent and child on a joint account must have the same capacity to withdraw the funds to maximize the FDIC protection.
FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC was established in 1933, no depositor has lost a penny of FDIC-insured funds. FDIC insurance covers all deposit accounts, including: