FDIC Deposit Insurance Coverage

New FDIC Deposit Insurance Limits

Effective, July 22, 2010, the FDIC has permanently raised the current standard maximum deposit insurance amount to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

Consumers and bankers can find additional information regarding FDIC’s deposit insurance coverage through the use of the FDIC’s Electronic Deposit Insurance Estimator (EDIE) and deposit insurance publications located on the FDIC’s website “Are My Deposits Insured?” @ http://www.fdic.gov/deposit/deposits/index.html.