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Breaking News

Breaking

 

NEWS!

 

On May 23rd, 2009, FDIC (Federal Deposit Insurance Corporation) Deposit insurance coverage was extended until December 31st, 2013.

The coverage amount is $250,000 per depositor for Single, Joint, and Trust Accounts through December 31, 2009.

 
 

 

NEWS

 

On October 3, 2008, FDIC (Federal Deposit Insurance Corporation) Deposit insurance coverage was temporarily increased. The increase is from $100,000 to $250,000 per depositor for Single, Joint, and Trust Accounts through December 31, 2009.

 

BASIC FDIC DEPOSIT INSURANCE COVERAGE LIMITS

Account Type FDIC Limit
Single Accounts (owned by one person) $250,000 per owner
Joint Accounts (two or more persons) $250,000 per co-owner
IRAs&certain other retirement accounts $250,000 per owner
Trust Accounts $250,000 per owner per beneficiary
Single Accounts (owned by one person) $250,000 per owner

If you have questions about FDIC coverage limits and requirements, please visit www.myFDICinsurance.gov

Or, call toll-free 1-877-ASK-FDIC, or ask a representative at your bank.

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