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Optional coverage consumers can purchase so that their bank deposits remain safe
Optional coverage consumers can purchase so that their bank deposits remain safe
Protection for bank customers’ deposits up to $250,000, guaranteeing their money is still available if the bank goes out of business
Protection for bank customers’ deposits up to $250,000, guaranteeing their money is still available if the bank goes out of business
Insurance bank branches can buy to protect their business against fraud and scams
Insurance bank branches can buy to protect their business against fraud and scams
Required if you want to do online or mobile banking
Required if you want to do online or mobile banking
1 answer
FDIC Insurance is:
Protection for bank customers’ deposits up to $250,000, guaranteeing their money is still available if the bank goes out of business.
This insurance is provided by the Federal Deposit Insurance Corporation (FDIC) and is designed to protect depositors in case of a bank failure.
