Not one penny of insured deposits has ever been lost by a customer of a federally insured bank. We want to make sure that your deposits are insured to the maximum extent possible. Please visit the Federal Deposit Insurance Corporation (FDIC) website by clicking on one of the links below to learn more about the limits and to determine your level of insurance. If you have any questions after you’ve visited the FDIC website, please stop by your closest Citizens Banking Center to talk with your personal banker.
Who is the FDIC?
The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails. (read more)
Increased Coverage
The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
(read more)
Important Disclosure Regarding Deposit Insurance on noninterest-bearing transaction accounts
Effective December 31, 2010, all funds in a "noninterest-bearing transaction account" are fully insured by the FDIC through December 31, 2012. A noninterest-bearing transaction account includes a traditional checking account or demand deposit account on which the depository institution pays no interest.
(read more)
Banking & Your Money -
Click here for tips from the FDIC on protecting you bank accounts and money.
Money Smart Computer Based Instruction (CBI) - Click here to access CBI, a friendly and easy to use learning tool that teaches the 10 modules of the Money Smart curriculum through a computer. The CBI can complement formal classes or enable people to study independently at their own pace. Each module generally takes between 20-30 minutes to complete. Students receive ongoing feedback and, upon successful completion of each module, can print out a personalized certificate of completion. The CBI is for users age 13 and over.
Know Your FDIC Coverage - EDIE The Estimator
A few minutes with EDIE can give you endless peace of mind. You’ll know if the money you have in deposit accounts at FDIC-insured banks is fully protected. If it's 100% FDIC-insured, you can't lose a penny, no matter what. (visit EDIE)