FDIC Coverage

Basic 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.

FDIC Coverage Amounts
Single Accounts (owned by one person) $250,000.00 per owner
Joint Accounts (two or more persons) $250,000.00 per co-owner
IRAs and certain other retirement accounts $250,000.00 per owner
Trust Accounts $250,000.00 per owner per beneficiary subject to specific limitations and requirements

For more information, please visit the FDIC Insurance web site.

FDIC Insured