Not one penny of insured deposits has ever been lost by a customer of a federally insured bank. Only federally insured institutions can make this statement:

"Backed by the full faith and credit of the United States government."

Your bank wants to make sure your deposits are covered to the maximum extent possible.

$250,000 per ownership category. Deposit accounts maintained in different legal ownership categories (such as individual or joint accounts) are insured separately. All of the accounts in each category in any one institution are added together and generally insured up to $250,000. Much more may be available depending on how your deposit accounts are structured (see chart for examples). The FDIC does NOT insure investments that are not bank deposits—for example, mutual funds, stocks, bonds, life insurance policies and annuities—even if you purchased them from an FDIC-insured institution.

No. Deposits in different institutions are insured separately. However, if an institution has one or more branches, the main office and all branch offices are considered to be one institution, even if the offices are in different states.

Separate coverage is available for Individual Retirement Accounts (IRAs), self-directed Keogh plan accounts, 457 plan accounts and certain other retirement accounts that are self-directed. Changes in 2006 increased the coverage for deposits in this ownership category to $250,000.

Maximize Your FDIC Insurance Coverage!
Husband and wife $2,000,000     INDIVIDUAL ACCOUNTS: Husband $250,000 Wife $250,000     JOINT TENANCY: *   Husband & Wife $500,000     REVOCABLE TRUST ACCOUNTS: Husband as Trustee for Wife $250,000 Wife as Trustee for Husband $250,000     CERTAIN RETIREMENT ACCOUNTS: Husband $250,000 Wife $250,000   $2,000,000     * Joint account with right of survivorship   Husband, wife and two children $3,000,000     INDIVIDUAL ACCOUNTS: Husband $250,000 Wife $250,000     JOINT TENANCY: * Husband & Wife $500,000     PAYABLE ON DEATH ACCOUNTS: Husband POD 2 Children $500,000 Wife POD 2 Children $500,000 Husband POD Wife $250,000 Wife POD Husband $250,000     CERTAIN RETIREMENT ACCOUNTS: Husband $250,000 Wife $250,000   $3,000,000     * Joint account with right of survivorship	Husband, wife and one child $2,500,000     INDIVIDUAL ACCOUNTS: Husband $250,000 Wife $250,000     JOINT TENANCY: * Husband & Wife $500,000     PAYABLE ON DEATH ACCOUNTS (POD): Husband POD Child $250,000 Wife POD Child $250,000 Husband POD Wife $250,000 Wife POD Husband $250,000     CERTAIN RETIREMENT ACCOUNTS: Husband $250,000 Wife $250,000   $2,500,000     * Joint account with right of survivorship   Parent and one child $750,000     INDIVIDUAL ACCOUNTS: Parent $250,000     PAYABLE ON DEATH ACCOUNTS (POD): Parent POD Child $250,000     CERTAIN RETIREMENT ACCOUNTS: Parent $250,000   $750,000             Estimate your coverage with EDIE the Estimator www.fdic.gov/edie/
Effective October 3, 2008 through December 31, 2009
“The ownership categories shown above have specific requirements that must be met in order to receive the coverage indicated. Failure to meet these requirements will result in funds being aggregated, and insured to the maximum. Information on these requirements should be obtained from the FDIC at www.fdic.gov”.

Start by going to the FDIC web site at www.fdic.gov to find publications as well as the Electronic Deposit Insurance Estimator (EDIE), an interactive tool allowing you to get a summary of your FDIC coverage.

Or call toll free 1-877-ASK-FDIC (1-877-275-3342) Monday through Friday, 8:00 a.m. to 8:00 p.m., Eastern Time. For the hearing-impaired, the number is 1-800-925-4618.