–

FOR MORE 

INFORMATION 

FROM THE FDIC 

Call toll-free 

1-877-ASK-FDIC (1-877-275-3342)

Hearing impaired line 

1-800-925-4618

Calculate insurance coverage using EDIE 

The Electronic Deposit Insurance Estimator 

known as EDIE – is an online tool that’s simple and easy to 

UPDATED 2014 

Federal Deposit Insurance Corporation 

DEPOSIT 

INSURANCE 

AT A GLANCE 

use. To calculate your deposit insurance coverage, use EDIE at: 

https://edie.fdic.gov.

Read more about FDIC insurance online 

at: www.fdic.gov/deposit/deposits

Send questions by e-mail 

Use the FDIC’s online Customer Assistance 

Form at: https://ask.fdic.gov/fdicinformationandsupportcenter/s/

Mail questions 

Federal Deposit Insurance Corporation 

Attn: Deposit Insurance Section 

550 17th Street, NW 

Washington, DC 20429 

FDIC-002-2014 
FDIC DEPOSIT INSURANCE 

Since 1933, the FDIC seal has symbolized the safety and 

security of our nation’s fnancial institutions. FDIC deposit 

insurance enables consumers to confdently place their 

money at thousands of FDIC-insured banks across the 

country, and is backed by the full faith and credit of the 

United States government. 

FDIC deposit insurance coverage depends on two things: (1) 

whether your chosen fnancial product is a deposit product; 

and (2) whether your bank is FDIC-insured. 

THE FDIC COVERS 

• Checking accounts 

• Negotiable Order of Withdrawal (NOW) accounts 

• Savings accounts 

• Money Market Deposit Accounts (MMDAs) 

• Time deposits such as certifcates of deposit (CDs) 

• Cashier’s checks, money orders, and other offcial items 

issued by a bank 

THE FDIC DOES NOT COVER 

• Stock investments 

• Bond investments 

• Mutual funds 

• Life insurance policies 

• Annuities 

• Municipal securities 

• Safe deposit boxes or their contents 

• U.S. Treasury bills, bonds or notes 

Depositors do not need to apply for FDIC insurance. 

Coverage is automatic whenever a deposit account is 

opened at an FDIC-insured bank or fnancial institution. 

If you are interested in FDIC deposit insurance coverage, 

simply make sure you are placing your funds in a deposit 

product at the bank. 

assumes the task of collecting and selling the assets 

of the failed bank and settling its debts, including 

claims for deposits in excess of the insured limit. 

FDIC DEPOSIT INSURANCE COVERAGE LIMITS 

BY ACCOUNT OWNERSHIP CATEGORY 

SINGLE ACCOUNTS 

OWNED BY ONE PERSON 

$ 250,000 

PER OWNER 

JOINT ACCOUNTS 

OWNED BY TWO OR MORE PERSONS 

$ 250,000 

PER CO-OWNER 

CERTAIN RETIREMENT ACCOUNTS 

INCLUDES IRAS 

$ 250,000 

PER OWNER 

REVOCABLE TRUST ACCOUNTS $ 250,000 

PER OWNER PER UNIQUE BENEFICIARY 

CORPORATION, PARTNERSHIP AND UNINCORPORATED ASSOCIATION ACCOUNTS $ 250,000 

PER CORPORATION, PARTNERSHIP OR UNINCORPORATED ASSOCIATION 

IRREVOCABLE TRUST ACCOUNTS $ 250,000 

FOR THE NONCONTINGENT INTEREST OF EACH UNIQUE BENEFICIARY 

COVERAGE LIMITS 

The standard insurance amount is $250,000 per depositor, 

per insured bank, for each account ownership category. 

The FDIC provides separate coverage for deposits held in 

different account ownership categories. Depositors may 

qualify for coverage over $250,000 if they have funds in 

different ownership categories and all FDIC requirements 

are met. 

All deposits that an accountholder has in the same 

ownership category at the same bank are added together 

and insured up to the standard insurance amount. 

GOVERNMENT ACCOUNTS 

WHEN A BANK FAILS 

A bank failure is the closing of a bank by a federal or state 

banking regulatory agency, generally resulting from a 

bank’s inability to meet its obligations to depositors and 

others. In the unlikely event of a bank failure, the FDIC acts 

quickly to ensure depositors get prompt access to their 

insured deposits. 

FDIC deposit insurance covers the balance of each 

depositor’s account, dollar-for-dollar, up to the insurance 

limit, including principal and any accrued interest 

through the date of the insured bank’s closing. 

The FDIC acts in two capacities following a bank failure: 

1. As the “Insurer” of the bank’s deposits, the FDIC 

pays deposit insurance to the depositors up to the 

insurance limit. 

2. As the “Receiver” of the failed bank, the FDIC 

$ 250,000 

PER OFFICIAL CUSTODIAN (MORE COVERAGE AVAILABLE SUBJECT TO SPECIFIC CONDITIONS) 

EMPLOYEE BENEFIT PLAN ACCOUNTS $ 250,000 

FOR THE NONCONTINGENT INTEREST OF EACH PLAN PARTICIPANT