The Peoples Bank is a member of the FDIC.
- FDIC Insurance: What Is It And How Does It Work?
- Fdic Insured Amount
- Member Fdic Clip Art
- Member FDIC | TCF Bank
- Member Fdic Vs Fdic Insured
FDIC Insurance: What Is It And How Does It Work?
The short title 'Member of FDIC' or 'Member FDIC,' or a reproduction of the symbol of the Corporation (as described in § 328.1(b)), may be used by insured depository institutions at their option as the official advertising statement. (2) Size and print. The official advertising statement shall be of such size and print to be clearly. Insouth Bank - Member FDIC, Brownsville, TN. 2,156 likes 309 talking about this 113 were here. Member FDIC Thank you for visiting the official Facebook page of INSOUTH Bank. Remember: Never.
Sep 30, 2020 The Federal Deposit Insurance Corporation (FDIC) is an independent agency—created by the U.S. Government—designed to protect consumers in the U.S. Financial system. The FDIC is best known for deposit insurance, which helps protect customer deposits in case a bank fails.
Ownership Options
Fdic Insured Amount
Member Fdic Clip Art
- Personal Individual
- Personal Joint w/ Survivorship
- Personal Joint w/out Survivorship
- Sole Proprietorship Individual
- Sole Proprietorship Joint w/Survivorship
- Sole Proprietorship Joint w/out Survivorship
- In Trust For
- Payable on Death
- As Trustee For
- Personal Custodial
- Revocable Living Trust
- Trust Under Agreement
- Corporate Account
Member FDIC
Cross River Bank is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your deposits if an FDIC-insured bank or savings association fails.
What is insured by the FDIC?
All types of deposits held by Cross River Bank are covered by FDIC insurance including:
- Checking Accounts
- NOW Accounts
- Savings Accounts
- Money Market Savings Accounts
- Certificates of Deposit
- Outstanding Cashier's Checks, Money Orders, Loan Disbursement Checks, Interest Checks and Drafts issued by Cross River Bank
What amount of insurance coverage do I have for my accounts?
(As of January 01, 2013)
Basic Insurance:
Basic FDIC insurance is $250,000 per depositor, per insured financial institution.
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
Coverage Over Basic Insurance:
Member FDIC | TCF Bank
All types of deposits held by Cross River Bank are covered by FDIC insurance including:
- Checking Accounts
- NOW Accounts
- Savings Accounts
- Money Market Savings Accounts
- Certificates of Deposit
- Outstanding Cashier's Checks, Money Orders, Loan Disbursement Checks, Interest Checks and Drafts issued by Cross River Bank
What amount of insurance coverage do I have for my accounts?
(As of January 01, 2013)
Basic Insurance:
Basic FDIC insurance is $250,000 per depositor, per insured financial institution.
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
Coverage Over Basic Insurance:
Member FDIC | TCF Bank
The FDIC provides separate insurance coverage for deposit accounts held in different categories of ownership. In addition to the separate, unlimited insurance coverage on noninterest - bearing consumer and business checking accounts, it is possible to qualify for more than the current $250,000 in coverage at one insured bank if you own deposit accounts in different ownership categories. The ownership categories are (1) single; (2) joint; (3) revocable trust (informal revocable trusts such as 'Payable-on-death' accounts and formal revocable trusts such as living/family trusts created for estate planning purposes); (4) irrevocable trusts; (5) certain retirement plans; (6) employee benefit plans; (7) business (corporation, partnership, unincorporated associations); and (8) government.
If you still have questions, please contact the FDIC toll-free at 1-877-ASK-FDIC (877-275-3342) from 8:00 am until 8:00 pm (Eastern Time) or contact them online at www.fdic.gov.
The information and content provided here about FDIC insurance is for informational purposes only and is provided as a convenience to you. Cross River Bank makes no warranties or representations as to its accuracy and bears no liability for your use of this information. Cross River Bank does not endorse and is not responsible for the content, links, privacy policy, or security policy of any non-Bank website link included here. The information being made available to you here is not intended, and should not be construed as legal, tax, or investment advice, or a legal opinion. You should contact your legal, tax and/or financial advisors to help answer questions about your specific situation or needs prior to taking any action based upon this information.
Understanding Deposit Insurance:
Member Fdic Vs Fdic Insured
Coin master pig spins. Please feel free to review the FDIC's 'Understanding Deposit Insurance' page which includes Deposit Insurance Videos, Frequently Asked Questions, Brochures, History, What's Covered, and Tools and Resources: https://www.fdic.gov/deposit/deposits/
