FDIC Updates
Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor.
EDIE
Stay within FDIC limits and your deposit accounts are 100% safe and secure. EDIE makes it easy. EDIE (Electronic Deposit Insurance Estimator) is easy to use. To save time, have with you a list of your deposit accounts at your bank and the amount you have in each account. If you have joint accounts or trust accounts that name beneficiaries, have those names, too. Just go to www.FDIC.gov/EDIE and click on the Use EDIE Now button to get started. Enter your information into EDIE. It?s secure. And in just a few moments, you will know if you are safely within the FDIC coverage limits. If not, EDIE can guide you to information that will help you.
