Each depositor insured to at least $250,000 per insured bank

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Important Update: Changes in FDIC Deposit Insurance Coverage

The FDIC deposit insurance rules have undergone a series of changes starting in the fall of 2008. As a result, certain previously published information related to FDIC insurance coverage may not reflect the current rules. For details about the changes, visit Changes in FDIC Deposit Insurance Coverage. For more information about FDIC insurance, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342). For the hearing-impaired, the number is 1-800-925-4618.

Winter 2007/2008

Insured or Not Insured?

You're placing funds with an FDIC-insured banking institution. Does that mean it's all covered by FDIC insurance? Not necessarily. Federal law is very specific about what is and is not FDIC-insured.

FDIC-insured accounts primarily are checking accounts (including money market deposit accounts, which are not the same as money market mutual funds that invest in non-deposit investments and are not insured), savings accounts, certificates of deposit (CDs), and retirement accounts placed in deposits at insured institutions

Products that are NOT FDIC-insured, even if purchased from a bank, include investments in mutual funds (stock, bond or money market mutual funds), annuities, stocks, bonds, Treasury securities and other investment products. Contents of safe deposit boxes also are not protected by FDIC insurance.

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Last Updated 2/12/2008