FDIC
Deposit Insurance Coverage Limits 1
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 |
To
calculate your deposit insurance
coverage
Use the FDIC’s Electronic
Deposit Insurance
Estimator (EDIE)
at: www.fdic.gov/edie. |
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. |
1NOTICE
OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE
FOR TRANSACTION ACCOUNTS
All funds in a
“non-interest-bearing transaction account”
including interest on Lawyers Trust
Accounts ("IOLTAs") will no
longer receive unlimited deposit
insurance coverage by the Federal Deposit
Insurance Corporation (FDIC) after December 31,
2012, but will be insured to the legal
maximum of $250,000 for each ownership
category.
For
more information about FDIC insurance
coverage, visit www.fdic.gov.
|
Equal
Housing Lender