FDIC deposit insurance permanently increased to $250,000 per depositor!

July 26, 2010

Deposits at FDIC-insured institutions are now insured permanently up to at least $250,000. Pleae feel free to contact a Customer Service Representaive if you have any questions about insurance coverage or use the FDIC Electronic Deposit Insurance Estimator. You can also contact the FDIC at (877) ASK-FDIC. The FDIC also released a news release noting that the additional coverage is retroactive to Jan. 1, 2008. Read More on Higher Coverage.