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Insurance Corporation

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Inactive Financial Institution Letters

Deposit Insurance Coverage
Changes to FDIC Rules for Deposit Insurance Coverage
March 28, 2006

Summary: The FDIC Board of Directors has adopted the attached interim final rules to implement provisions of the Federal Deposit Insurance Reform Act of 2005 pertaining to deposit insurance coverage. These rules take effect on April 1, 2006. The attached "Changes in Deposit Insurance Coverage" provides details about the insurance coverage changes implemented by the rules; information about official FDIC signage for banks and savings associations in light of the coverage changes; information about a special bulletin and statement stuffers that institutions can distribute to their employees and customers; and the FDIC's plans to update its insurance coverage resources.

  • On April 1, coverage for certain retirement plan deposits will increase to $250,000. The basic insurance limit for other depositors – individuals, joint accountholders, businesses, government entities and trusts – remains at $100,000.
  • Pass-through coverage for employee benefit plans is no longer tied to an institution's capital level, although institutions must meet certain capital requirements to accept employee benefit plan deposits.
  • The FDIC Board of Directors is authorized to increase the insurance limits for all deposit accounts every five years, beginning in 2011, based on the rate of inflation.
  • The FDIC did not change its rules pertaining to official FDIC signs for banks and savings associations. All banks and savings associations should continue to use their existing FDIC signage until further notice.
  • The FDIC has issued an FDIC Consumer News Special Bulletin and developed two statement stuffers to help insured institutions communicate the changes in deposit insurance coverage to employees and customers. PDF copies can be downloaded from the FDIC's Web site at (for the bulletin) and (for the statement stuffers) and may be reproduced without permission from the FDIC.

FDIC-Insured Institutions

Suggested Routing:
Chief Executive Officer
Compliance Officer

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


FDIC Call Center at 1-877-275-3342

Printable Format:
FIL-27-2006 - PDF 54k (PDF Help)

FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at

To receive FILs electronically, please visit

Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center (1-877-275-3342 or 703-562-2200).

Last Updated 10/06/2009

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