FDIC Insurance Information
Your accounts at CertusBank are insured to the maximum amounts allowed by the Federal Deposit Insurance Corporation (FDIC).
FDIC deposit insurance has permanently increased to $250,000 per depositor's ownership category.
Deposits at FDIC-insured institutions are insured up to $250,000 per depositor’s ownership category. This means you have FDIC insurance coverage as follows:
- up to $250,000 in deposits held in your name only,
- another $250,000 coverage in accounts held jointly with others, and
- another $250,000 for deposits in your retirement accounts.
You can also increase your FDIC insurance coverage using trust accounts.
Visit the FDIC website at www.fdic.gov or contact the FDIC directly at 877-ASK-FDIC to learn more.
NOTICE: The previously unlimited FDIC insurance coverage for transaction accounts that did not earn interest has now expired.
Effective December 31, 2012, the FDIC’s previous unlimited insurance coverage for all funds in a "noninterest-bearing transaction account" has expired.
For FDIC insurance coverage purposes, beginning January 1, 2013, the balance in your CertusBank checking account will be included with other funds you have at CertusBank according to the ownership categories of your accounts: single name ownership, jointly held funds, or retirement accounts. For more information about FDIC insurance coverage visit the FDIC’s website at www.fdic.gov. Learn how to maximize FDIC coverage by contacting a CertusBank team member today.
- The FDIC has created an online tool that provides customized information about your insured accounts. EDIE, the Electronic Deposit Insurance Estimator, is available for free on the FDIC website at www.fdic.gov/EDIE. This service allows you to quickly and easily check whether all your accounts are fully insured.
- To learn more, you can also contact the FDIC directly at 877-ASK-FDIC from 8:00 a.m. until 8:00 p.m., or visit the FDIC website at www.fdic.gov.
- Talk to a CertusBank team member to learn how to maximize FDIC coverage.