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For More Information from the FDICCall toll-free at:1-877-ASK-FDIC (1-877-275-3342) from 8am until 8pm (Eastern Time) Monday through Friday Hearing Impaired Line: 1-800-925-4618Calculate your insurance coverage using the FDIC’sonline Electronic Deposit Insurance Estimator at: www2.fdic.gov/edieRequest a copy of “Your Insured Deposits: FDIC’s Guide to Deposit Insurance Coverage,”which provides a detailed description of the ownership categories, by calling toll free at:1-877-275-3342Read more about FDIC insurance online at:www.fdic.gov/depositOrder FDIC deposit insurance products online at:www2.fdic.gov/depositinsuranceregisterSend your questions by e-mail using the FDIC’s online Customer Assistance Form at:www2.fdic.gov/starsmailMail your questions to:FDIC Division of Supervision and Consumer ProtectionAttn: Deposit Insurance Outreach550 17th Street, NWWashington, DC 20429-9990May be reprinted in its entirety without restriction.FDIC-002-2006

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$100,000 $100,000 $100,000

Insuring Your

Deposits

New coverage for retirement accounts

Updated April 2006
All of your self-directed retirement accounts 

at the same insured bank are added together and the total is insured up to $250,000.Naming beneficiaries on a self-directed retirementaccount does not increase insurance coverage.These are deposit accounts owned by two or morepeople who have equal rights to withdraw moneyfrom the account. Each person’s share of eachjoint account, with the same or different co-ownersat the same insured bank, is added together andthe total is insured up to $100,000. If you havejoint checking and savings accounts at the sameinsured bank, your portions of the two accountsare added together and insured up to $100,000. Example:John and Mary have $220,000 in a CD at an insuredbank. Under FDIC rules, each person’s shareof each joint account is considered equal unless otherwise stated in the bank’s records. Thismeans that John and Mary each own $110,000 in the joint account category, putting a total of$20,000 ($10,000 for each) over the insurancelimit. 

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SingleAccounts

JointAccounts

1-877-275-3342 www.fdic.gov

Self-Directed RetirementAccounts

These are deposit accounts owned by one personand titled in that person’s name only. This accountcategory does not include deposits held in individualretirement accounts because they are protectedin a separate category. All of your single accounts at the same insuredbank are added together and the total is insuredup to $100,000. If you have a checking accountand a CD at the same insured bank, and bothaccounts are in your name only, the two accountsare added together and the total is insured up to $100,000.These are deposits you have in retirement accountsfor which you have the right to direct how themoney is invested, including the ability to directthat the funds be deposited at an FDIC-insuredbank. Types of self-directed retirement accountsinclude traditional and Roth Individual RetirementAccounts (IRAs), Simplified Employee Pension(SEPs) accounts, “Section 457” deferred compensation plan accounts, self-directed Keogh plan accounts, and self-directed defined contribution plan accounts.

Account Ownership Amount AmountHolders Share Insured UninsuredJohn $ 110,000 $ 100,000 $ 10,000Mary $ 110,000 $ 100,000 $ 10,000Total $ 220,000 $ 200,000 $ 20,000