Deposit Insurance Summary

Reprintable Brochures

FDIC Deposit Insurance Coverage

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the
United States government that protects funds depositors place in banks and savings associations. FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC was established in 1933, no depositor has ever lost a single penny of FDIC-insured funds.

FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. FDIC insurance does not cover other financial products and services that banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or securities.

The standard insurance amount currently is $250,000 per depositor. The $250,000
limit is permanent for certain retirement accounts (includes IRAs) and is temporary for all other deposit accounts through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all deposit accounts except certain retirement accounts, which will remain at $250,000 per depositor.

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 details on the requirements, go to www.fdic.gov/deposit/deposits.)

The following chart shows standard insurance amounts for FDIC account ownership categories. All deposits that an accountholder has in the same ownership category are added together and insured up to the standard insurance amount.

The more you know about FDIC deposit insurance coverage, the safer your money.

To ensure funds are fully protected, depositors should understand their coverage limits and confirm that a financial institution is FDIC-insured.

The FDIC sign (shown below) is displayed at every FDIC-insured institution and is a symbol of confidence for depositors.

There is no need for depositors to apply for FDIC insurance or even to request it; coverage is automatic whenever a deposit account is opened at an FDIC-insured bank or savings association.

To learn more about the FDIC’s insurance coverage rules and requirements, refer to the
resources listed on the next panel.

For More Information from the FDIC

Calculate insurance coverage
Use the FDIC’s online Electronic Deposit Insurance Estimator at: www.fdic.gov/edie

Read more about FDIC insurance online
Visit: www.fdic.gov/deposit/deposits

Call toll-free
1-877- ASK-FDIC (1-877-275-3342)

Hearing impaired line
1-800-925-4618

Send questions by e-mail
Use the FDIC’s online Customer Assistance Form at: www2.fdic.gov/starsmail

Mail questions
Federal Deposit Insurance Corporation
Attn: Deposit Insurance Outreach
550 17th Street, NW
Washington, DC 20429