Fdic Insured Banks

 
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The Federal Deposit Insurance Corporation (FDIC) is an independent government agency in charge of banking and consumer safety. You're protected from losses if your FDIC-insured bank goes belly-up. The FDIC covers the traditional types of bank deposit accounts – including checking and savings accounts, money market deposit accounts (MMDAs), and certificates of deposit (CDs).

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Fdic Insured Banks In New Jersey

Fdic

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:

Fdic Insured Banks Online

  • 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.

Fdic Insured Banks With High Interest Rates

Fdic

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.

List Of Fdic Insured Banks

-FDIC Bank Help