![]() ![]() Video: Deposit Insurance Coverage Personal AccountsĮnglish - PDF, Large Print PDF, High Resolution PDF Click here for more information about deposit insurance for accounts held by government depositors. Coverage amounts may be more depending on the type of deposit and whether the public unit is located in the same state as the bank. This generally means the manner in which you hold your funds at the bank.īelow are examples of some FDIC ownership categories, including single accounts, certain retirement accounts and employee benefit plan accounts, joint accounts, trust accounts, business accounts as well as government accounts.Ĭoverage Limit: The Official Custodian of a public unit is insured up to at least $250,000 per bank. The amount of FDIC insurance coverage you may be entitled to, depends on the FDIC ownership category. Prepaid cards (assuming certain FDIC requirements are met).The following are examples of deposit products which are insured by the FDIC Click here for more information about accounts that are not covered by FDIC deposit insurance. Please Note: Not all products offered by banks are covered by FDIC insurance. You can also visit the FDIC Information and Support Center to submit a request for deposit insurance coverage information or call 1-877-ASK-FDIC (1-87) to ask any other specific deposit insurance questions. For more detailed information about your specific situation, you can use the Electronic Deposit Insurance Estimator (EDIE). The information below briefly describes the various deposit products offered, the FDIC ownership categories and their applicable insurance coverage limit. If you are interested in FDIC deposit insurance coverage, simply make sure you are placing your funds in a deposit product at the bank. Coverage is automatic whenever a deposit account is opened at an FDIC-insured bank or financial institution. FDIC insurance covers traditional deposit accounts, and depositors do not need to apply for FDIC insurance.
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