Your Insured Deposits
FDIC DEPOSIT INSURANCE COVERAGE
The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in FDIC-insured institutions. FDIC insurance is backed by the full faith and credit of the United States government.
FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. FDIC insurance does not, however, cover other financial products and services that insured banks may offer, such as sweep accounts, stocks, bonds, mutual fund shares, life insurance policies, annuities and municipal securities.
The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for more coverage if they have funds in different ownership categories and all FDIC requirements are met.
For further information regarding FDIC insurance and the insurance estimator calculator, please visit the FDIC’s Deposit Insurance Summary Page.