FDIC Information

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 beneficiary up to 5 beneficiaries (more coverage available with 6 or more beneficiaries subject to specific limitations and requirements)
  • Corporation, Partnership and Unincorporated Association Accounts
    $250,000 per corporation, partnership or unincorporated association
  • Irrevocable Trust Accounts
    $250,000 for the non-contingent, ascertainable interest of each beneficiary
  • Employee Benefit Plan Accounts
    $250,000 for the non-contingent, ascertainable interest of each plan participant
  • Government Accounts
    $250,000 per official custodian

For questions about FDIC coverage limits and requirements
Visit www.FDIC.gov/deposit/deposits, call toll-free 1-877-ASK-FDIC,
or ask a representative at your bank

To calculate your deposit insurance coverage
Use the FDIC’s Electronic Deposit Insurance Estimator (EDIE) at: www.fdic.gov/edie

FDIC Deposit Insurance Coverage

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC 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 all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. FDIC insurance does not cover other financial products and services that banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or securities.

 The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for more coverage if they have funds in different ownership categories and all FDIC requirements are met. (For details on the requirements, go to www.fdic.gov/deposit/deposits.)

The following chart shows standard insurance amounts for FDIC account ownership categories. All deposits that an accountholder has in the same ownership category are added together and insured up to the standard insurance amount.


For More Information from the FDIC

Calculate insurance coverage
Use the FDIC’s online Electronic Deposit Insurance Estimator at: www.fdic.gov/edie

Read more about FDIC insurance online
Visit: www.fdic.gov/deposit/deposits

Call toll-free
1-877- ASK-FDIC (1-877-275-3342)

Hearing impaired line

Send questions by e-mail
Use the FDIC’s online Customer Assistance Form at: www2.fdic.gov/starsmail

Mail questions
Federal Deposit Insurance Corporation Attn: Deposit Insurance Outreach 550 17th Street, NW Washington, DC 20429