Download Adobe Acrobat Reader 5.0 or higher to view PDFs. Farmers Trust & Savings Bank BANK BORROW LEARN CONNECT Toggle search form Federal Deposit Insurance Corporation (FDIC) The FDIC is an independent agency of the United States government that protects against the loss of insured deposits if an FDIC-insured bank or savings association fails. FDIC deposit insurance is backed by the full faith and credit of the United States government. Since the FDIC was established in 1933, no depositor has ever lost a single penny of FDIC-insured funds. FDIC insurance covers funds in deposit accounts, including checking and savings accounts, money market deposit accounts, and certificates of deposit (CDs). FDIC insurance does not, however, cover other financial products and services that insured banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or municipal securities. There is no need for depositors to apply for FDIC insurance or even to request it. Coverage is automatic. FDIC Deposit Insurance Coverage Limits To ensure funds are fully protected, depositors should understand their deposit insurance coverage limits. The FDIC provides separate insurance coverage for deposits held in different ownership categories such as single accounts, joint accounts, Individual Retirement Accounts (IRAs) and trust accounts. The table below shows standard insurance amounts for FDIC account ownership categories: Account Ownership Category Single Accounts (owned by one person) $250,000 per owner Joint Account (two or more persons) $250,000 per co-owner IRAs and certain other retirement accounts $250,000 per owner Trust Accounts $250,000 per owner per beneficiary subject to specific limitations and requirements Corporation, Partnership and Unincorporated Association Accounts $250,000 per Corporation, partnership or unincorporated association Employee Benefit Plan Accounts $250,000 for the non-contingent, ascertainable interest of each participant Government Accounts $250,000 per official custodian Calculate FDIC Insurance Coverage Use the FDIC's online Electronic Deposit Insurance Estimator(EDIE) here. Read more about FDIC insurance online at www.fdic.gov/deposit/deposits Call toll-free at 1-877-ASK-FDIC (1-877-275-3342). Saving Account Options All our savings solutions are available to both individuals and businesses and come with free mobile & online banking. Savings & MMAs 24/7 Accessibility Our business checking solutions offer something for every kind of business. Let us help you choose! Business Checking BACK TO TOP 510 Elm Street P.O. Box 90 Williamsburg, IA 52361 Phone: 319-668-2525 Member FDIC Equal Housing Lender Verified: Dec 4, 2021 Send Secure Message (Opens in a new Window) Lost/Stolen Debit Card Order Checks (Opens in a new Window) Disclosures USA Patriot Act Terms & Conditions Privacy Policy Created by Profitstars® ©2021 Farmers Trust & Savings Bank.