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Insurance Corporation

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Financial Institution Letters

Standard Deposit Insurance Coverage Amount of $250,000 Made Permanent
Official FDIC Sign Updated and Available
July 22, 2010

Summary: The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Barack Obama on July 21, 2010, made permanent the current standard maximum deposit insurance amount (SMDIA) of $250,000. The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership category.

  • The Dodd-Frank Wall Street Reform and Consumer Protection Act has made permanent the current SMDIA of $250,000. (The SMDIA was otherwise scheduled to return to $100,000 on January 1, 2014.)
  • The FDIC has updated the FDIC official sign for advertising deposit insurance coverage as prescribed in Part 328 of the FDIC's regulations.
  • Insured depository institutions may order FDIC official signs from the FDIC, free of charge, at https://catalog.fdic.gov/.
  • The FDIC encourages all insured depository institutions to acquire and post the new official sign without delay to increase depositor awareness of the permanent increase in deposit insurance coverage.
  • All of the FDIC's deposit insurance coverage materials posted on its website - including "EDIE," its Electronic Deposit Insurance Estimator - have been updated to reflect the permanent $250,000 coverage.

FDIC-Insured Institutions

Suggested Routing:
Chief Executive Officer
Head of Deposit and Branch Operations
Chief Compliance Officer
Training Officer

Related Topics:
FDIC Deposit Insurance Regulations 12 C.F.R. Part 328 & 330

FDIC Call Center at 1-877-275-3342

Printable Format:
FIL-40-2010 - PDF (PDF Help)

FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2010/index.html

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.

Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).

Last Updated 10/28/2015 communications@fdic.gov

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