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FDIC Insurance

Savings, checking and other deposit accounts, when combined, are generally insured to $250,000 per depositor in each bank or thrift the FDIC insures. Deposits held in different categories of ownership, such as single or joint accounts, may be separately insured.

The FDIC also generally provides separate coverage for retirement accounts, such as individual retirement accounts (IRAs) and Keoghs, insured up to $250,000. The FDIC insures deposits only. It does not insure securities, mutual funds or similar types of investments that banks and thrift institutions may offer.

 

For more information on FDIC Insurance, visit the FDIC website or contact any of our locations.