The revised bailout plan could more than double the amount of coverage from the FDIC

"The FDIC is 75 years old this year” said Joseph Johnson, president of Friend Bank “And since it's inception there's not been one penny lost that's been covered under FDIC insurance."

It's there at almost every bank you visit, a reminder that your money is protected up to 100 thousand dollars by the federal government. However, how are things changed when that amount more than doubles to 250,000 dollars?

Some bank representatives say not much as there are already provisions to cover more than that amount.

"It is all based on account ownership,” said Connie Wehner of Regions.“ So a husband and wife can have up to 100,000 a piece if they have 3 children they can insure another 3 hundred thousand and it and it goes on and on."

Could more coverage by the government mean higher premiums for banks to pay? Just as auto insurance customers pay more for more coverage?

Every bank that News 4 spoke with today said they did not pass FDIC costs down to their customers.