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Does FDIC insure my deposits?

Yes, FDIC deposit insurance is $250,000 per depositor.

FDIC allows for separate $250,000 coverage for deposits held in your name alone (single accounts), accounts with more than one person (joint accounts), accounts that name beneficiaries when you die, and certain retirement accounts such as IRAs.

For more information on FDIC insurance, please visit the FDIC website at in a new window)

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