FDIC Insurance

TrustBank customers' insured deposits are safe!  No one has ever lost a penny of deposits insured by the FDIC.  If you are concerned about the safety of your money, talk to one of our TrustBank employees to get the straight facts.

FDIC Insurance

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 standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.

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 requirement, go to http://www.fdic.gov/deposit/deposits.)

If you have more than $250,000 deposited with TrustBank, EDIE (the FDIC’s Electronic Deposit Insurance Estimator) can help you determine the maximum amount of deposit insurance available for your accounts by the FDIC.

Click here to estimate your deposit insurance coverage limits using EDIE.

The value of an investment in stocks and bonds is not insured; not by the government, not by anyone.

For more information on EDIE, click here.