Notice of Changes in Temporary FDIC Insurance
Coverage For Transaction Accounts

 

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31,2010, through December 31,2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW account, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

 

 

 


What is the FDIC Insurance Coverage Limit?
Deposits at FDIC-insured institutions are insured up to at least $250,000 per depositor.

How can I determine my current level of insurance coverage?
Calculate your insurance coverage using the FDIC's online Electronic Deposit Insurance Estimator (EDIE) at www.fdic.gov/edie.

Where can I get more information about FDIC insurance?
You can visit www.fdic.gov, or call 1-877-ASK-FDIC (1-877-275-3342).