The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance is backed by the full faith and credit of the United States government.
FDIC insurance covers all deposit accounts, including:
- Checking accounts
- Savings accounts
- Money market deposit accounts
- Certificates of deposit
The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
Talk to one of our Personal Bankers about your particular situation or visit www.myfdicinsurance.gov.