Welcome to FDIC Insured Banks

FDIC Building

Today, almost all banks are FDIC (Federal Deposit Insurance Corporation) insured banks. Banks that are insured by the FDIC give customers comfort in knowing that their money is back by the FDIC. This way, should a bank fail and go out of business, customers will get their money back from the bank no matter what up to $250,000 from the Federal Deposit Insurance Corporation (FDIC).


FDIC Insurance covers:

  • Savings Accounts
  • Checking Accounts
  • Certificate of Deposits
  • Money Market Accounts

However, it does not cover:

  • Items you store in Safety deposit boxes
  • Stocks, mutual funds, and other investments
  • Annuities and other insurance products

Do note that credit unions are covered by a different entity and are not under the FDIC insurance program.

When opening a checking or savings account at a bank, make sure your bank is covered under the FDIC insurance program. You can search or navigate on the right to check if your bank is FDIC insured. The search box is also available above.

-FDIC Bank Help