Common use of Deposit Insurance Coverage Clause in Contracts

Deposit Insurance Coverage. The Federal Deposit Insurance Corporation (“FDIC”) insures deposits according to the ownership category (i.e., individual or joint) in which the funds are insured. Deposits are insured by the FDIC up to the standard maximum deposit insurance amount per depositor, per FDIC-insured bank, and per ownership category. For purposes of determining how much insurance is applicable to your Accounts, you need to consider accounts other than Online Savings Accounts or TD Accounts that you also hold at the Bank. To determine how much insurance is applicable to your Accounts with us and for any other FDIC insurance requirements that may apply, please visit the FDIC’s website at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇ or call the FDIC directly at 1-877-ASKFDIC (▇-▇▇▇-▇▇▇-▇▇▇▇). You can also use the FDIC’s Electronic Deposit Insurance Estimator (▇▇▇▇) at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇.

Deposit Insurance Coverage. The Federal Deposit Insurance Corporation (“FDIC”) insures deposits according to the ownership category (i.e., individual or joint) in which the funds are insured. Deposits are insured by the FDIC up to the standard maximum deposit insurance amount per depositor, per FDIC-insured bank, and per ownership category. For purposes of determining how much insurance is applicable to your Accounts, you need to consider accounts other than Online Savings Accounts or TD Accounts that you also hold at the Bank. To determine how much insurance is applicable to your Accounts with us and for any other FDIC insurance requirements that may apply, please visit the FDIC’s website at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇ or call the FDIC directly at 1-877-877- ASKFDIC (▇-▇▇▇-▇▇▇-▇▇▇▇). You can also use the FDIC’s Electronic Deposit Insurance Estimator (▇▇▇▇) at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇.