FDIC Coverage Information |
Want to know more about the FDIC and how your money is protected?
- Check out the FDIC's "Electronic Deposit Insurance Estimator," (EDIE) at www.fdic.gov/EDIE. This interactive site allows customers the ability to quickly and easily check whether their accounts are fully protected.
- Call the FDIC's toll-free consumer assistance line at 1-877-ASKFDIC (1-877-275-3342) Monday through Friday from 8 a.m. to 8 p.m., Eastern Time. For the hearing-impaired, call 1-800-925-4618.
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 accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
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