FDIC Coverage

Your deposits are protected at a higher level. The safest place for your money is still in the bank.

Safe. Protected. Insured.

You need to understand federal deposit insurance coverage limits to ensure that your funds are fully insured. The basic limits are below:

Account Type FDIC Coverage
Single Accounts (owned by one person) $250,000 per owner
Joint Accounts (two or more persons) $250,000 per co-owner
IRAs and certain other retirement accounts $250,000 per owner
Trust Accounts $250,000 per owner per beneficiary subject to specific limitations and requirements
Corporation, Partnership, or Unincorporated Association Account $250,000 per corporation, partnership or unincorporated association
Government Account $250,000 per official custodian