FDIC DEPOSIT INSURANCE

FDIC deposit insurance enables consumers to confidently place their money at thousands of FDIC-insured banks across the country and is backed by the full faith and credit of the United States government. Multiple accounts at the same banks are added together.  The standard deposit coverage limit is per depositor, per FDIC-insured bank, per ownership category.

Single Accounts

$250,000 Per Owner

Joint Accounts

$250,000 Per-Co-owner

Certain Retirement Accounts

$250,000 Per Owner

Revocable Retirement Accounts

$250,000 Per Owner per unique beneficiary

Entities & Unicorporated Association Accounts

$250,000 Per Corporation, Partnership or Unicorporated Association

Irrevocable Trust Accounts

$250,000 For the noncontigent interest of each unique beneficiary

Employee Benefit Plan Accounts

$250,000 For noncontingent interest of each plan participant