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Insurance Corporation

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

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Inactive Financial Institution Letters

FDIC Insurance Coverage
Extension of Temporary Increase in Standard Maximum Deposit Insurance Amount
May 22, 2009

Summary: On May 20, 2009, President Barack Obama signed the Helping Families Save Their Homes Act, which extends the temporary increase in the standard maximum deposit insurance amount (SMDIA) to $250,000 per depositor through December 31, 2013. This extension of the temporary $250,000 coverage limit became effective immediately upon the President's signature. The legislation provides that the SMDIA will return to $100,000 on January 1, 2014.


  • On May 20, 2009, the temporary increase in the SMDIA to $250,000 per depositor was extended through December 31, 2013.
  • Institutions are encouraged to post the following statement, or affix a sticker with this statement, next to the official FDIC sign (teller station sign): “FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.” Banks may use their own materials in any format for this purpose.
  • The FDIC will issue a temporary official FDIC sign that reflects the $250,000 increase in the SMDIA through 2013. Insured institutions may pre-order the temporary signage on the FDIC's Web site at Use of this temporary sign is optional. Institutions may continue to use the official FDIC sign as shown in 12 CFR Part 328.
  • The FDIC strongly encourages all insured institutions to inform depositors that the increase in coverage is temporary and effective only until December 31, 2013, particularly when opening new accounts and certificates of deposit maturing after that date.

All FDIC-Insured Institutions

Suggested Routing:
Chief Executive Officer
Head of Deposit & Branch Operations
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-22-2009 - PDF (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, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).

Last Updated 5/22/2009

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